Kidswant to acquire a 65% stake in Leyou from Warburg Pincus for $146m.

Kidswant, a provider of maternal and child products, agreed to acquire a 65% stake in Leyou, a Chinese video game holding, from Warburg Pincus, a private equity firm, for $146m. Nanjing-based Kidswant operates mainly in southern and eastern parts of China, while Beijing-based Leyou focuses on the north.