Blackstone Group is planning to sell its stake in Xinrong Best Medical Instrument Co Ltd, a Chinese maker of medical devices, the Wall Street Journal said. Blackstone has hired Morgan Stanley to run a process that is expected to launch in early 2018, the story said. Xinrong could fetch $400 million, the WSJ said.
Source: https://www.pehub.com/2017/11/blackstone-to-sell-xinrong-best-medical-wall-street-journal/
Powered by WPeMatico
Comments are closed.