General Atlantic to invest in a Shanghai company
(China Daily)
Updated: 2006-10-30 11:28
General Atlantic, the leading global private equity firm, said recently it
will invest in a Shanghai-based technology-driven company by the end of this
year.
The total investment will be close to US$100 million. However, it
is a relatively small investment for General Atlantic, compared with its other
big global projects. The group became famous in China for its operation of
funding China's top PC maker Lenovo's takeover of IBM's PC
arm. (For more biz stories, please visit Industry Updates)
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