Announced
Completed
Financials
Sources
Tags
China
liquors
Distillers and Vintners
Completed
Minority
spirits
Acquisition
Friendly
Domestic
Private
Private Equity
Single Bidder
Synopsis
China Renaissance, a Chinese investment bank, led a $300m funding round in Chongqing Jiangxiaobai Liquor, a distillery. The round was also joined by Baillie Gifford & Co and China Merchants Bank. The round gave Jiangxiaobai a pre-funding valuation of roughly $1.6bn.
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