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Hillhouse to acquire a 15% stake in Gree Electric Appliances from state-controlled Gree Group for $7.5bn.

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Principals

ZHUHAI GREE GROUP

vendor

ZHUHAI GREE GROUP

GREE ELECTRIC APPLIANCES INC

target

GREE ELECTRIC APPLIANCES INC

HILLHOUSE CAPITAL GROUP

bidder

HILLHOUSE CAPITAL GROUP

HOPU INVESTMENT MANAGEMENT CO LTD

underbidder

HOPU INVESTMENT MANAGEMENT CO LTD

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MergerLinks - Request Credit - Hillhouse to acquire a 15% stake in Gree Electric Appliances from state-controlled Gree Group for $7.5bn.