Texas Pacific to expand Chinese high-tech sectors
(China Daily)
Updated: 2006-06-10 10:03
Texas Pacific, a US private equity giant, is planning to pour hundreds of
millions of US dollars into China's high-tech, services, and new energy sectors
in the next three to five years.
The entity will invest in at least five projects a year with the average
investment on a single project ranging from US$5 million to US$75 million, said
Sing Wang, its newly appointed partner for its North Asia business
operations.
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