Sequoia Capital has agreed to acquire a 7% stake in Shenzhen-listed Chinese medical equipment manufacturer Jiangsu Yuyue Medical Equipment & Supply Co. Ltd. for RMB855.8 million ($139 million) from the company's controlling shareholder, Yuyue Technologies, according to a securities filing the company filed with the Shenzhen Stock Exchange. Sequoia Capital, through its subsidiary fund Shenzhen […]

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Visit the original source and full text: China Money Network