Announced
Synopsis
Heimdall Private Equity Partners, an independent financing advisory firm based in Wollerau, Switzerland, agreed to acquire a 49% stake in the Chinese chemical unit of Hanwha Solutions, a multinational energy services, petrochemical, and real estate development company, for $503m. Hanwha Solutions also may review an option to spin off the Chinese entity and list it to allow the private equity fund to recoup investment.
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