.
MergerLinks Header Logo

New Deal


Announced

CMB International and Tiantu Capital led a $300m Series D round in Guoquan Shihui.

Financials

Edit Data
Transaction Value£216m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

Food Retailers and Wholesalers

Completed

Private

Domestic

China

Friendly

Minority

supermarket chain

Single Bidder

Acquisition

Private Equity

Synopsis

Edit

CMB International, a provider of investment banking services, and Tiantu Capital, a private equity company, led a $300m Series D round in Guoquan Shihui, a Chinese convenience store chain. With the new financing, the firm will further march into the market in China's third and lower-tier cities. It also plans to explore business opportunities in the fresh produce field with its first fresh produce factory in east-central China's Zhengzhou City.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US