China Everbright Ltd. (CEL) has teamed up with IDG Capital Partners to jointly launch a M&A investment fund in China with RMB20 billion (US$3 billion) total committed capital to help mature Chinese companies grow and scale, says a company announcement. The IDG-Everbright M&A Investment Fund has completed the first round of fundraising of RMB10 billion, […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.