Reuters: Private Equity: Morgan Stanley private equity buys $300 mln stake in Tianhe Chem

Reuters: Private Equity Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Morgan Stanley private equity buys $300 mln stake in Tianhe Chem Mar 21st 2012, 08:04 HONG KONG, March 21 | Wed Mar 21, 2012 4:04am EDT HONG KONG, March 21 (Reuters) - Morgan Stanley's Asia private equity arm has invested $300 million in China's Tianhe Chemicals Group, the two companies said on Wednesday, a deal that will help the company expand into U.S. and European markets. Morgan Stanley's private equity arm would take a minority stake in Tianhe Chemicals, according to a person familiar with the matter. As part of the deal, Homer Sun, the fund's chief investment officer, will join Tianhe's board. Morgan Stanley Private Equity Asia has invested about $2.4 billion in Asia, primarily in highly structured minority investments and control buyouts. Tianhe is the largest lubricant oil additive producer in China and a leading high-end speciality fluorochemical producer globally, the statement said.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions