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New Deal


Announced

Warburg Pincus to acquire a 23% stake in Zhong Ou Asset Management.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For23%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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China

Private

financial services

Asset Managers and Custodians

Friendly

asset management

Acquisition

Cross Border

Private Equity

Minority

Pending

Single Bidder

Synopsis

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Warburg Pincus, a private equity firm, agreed to acquire a 23% stake in Zhong Ou Asset Management, a financial services company. Financial terms were not disclosed. “Zhong Ou AMC has built up a strong business over the years through its outstanding investment and research capabilities, market-based operation, and strong distribution channels,” Ben Zhou, Warburg Pincus Managing Director.

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