A consortium of investors to acquire a 25% remaining stake in Kangji Medical for HKD11.17bn.

Synopsis

A consortium of investors, including Ming Zhong, Yinguang Shentu, Qatar Investment Authority, a sovereign wealth fund, and TPG Capital, a private equity investment firm, agreed to acquire a 25% remaining stake in Kangji Medical, a medical device company, for HKD11.17bn.

Principals

target

Kangji Medical Holdings

bidder

Qatar Investment Authority

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Market Context