in this issue
Regions :: China
Primavera Capital Takes Stake in Chinese Fertilizer and Methanol Producer
8:14 PM MST | November 27, 2011 | Natasha Alperowicz
The private equity group Primavera Capital Group (Hong Kong) has taken a stake in China XLX Fertiliser (Xinxiang City, Henan Province, China), one of the largest and most cost-efficient coal-based urea producers in China. Primavera Capital has agreed to subscribe its convertible bonds worth approximately $51 million through a wholly owned subsidiary. The private equity firm will indirectly hold 14.97% of the Chinese producer’s enlarged capital and become its third largest shareholder and largest institutional investor, following full conversion of the...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee