China XD Plastics has announced the successful closing of a previously announced US$100m investment by Morgan Stanley Private Equity Asia (MSPEA) in the company, an investment that gives MSPEA a significant minority ownership stake. Under the terms of the transaction, MSPEA has purchased redeemable convertible preferred shares of China XD Plastics Subscribe to Automotive World … Continued
China XD Plastics has announced the successful closing of a previously announced US$100m investment by Morgan Stanley Private Equity Asia (MSPEA) in the company, an investment that gives MSPEA a significant minority ownership stake.
Under the terms of the transaction, MSPEA has purchased redeemable convertible preferred shares of China XD Plastics
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https://www.automotiveworld.com/articles/89553-china-china-xd-plastics-closes-us-100m-equity-deal/
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