Carlyle, Farallon bet on China funeral growth with HK IPO-Reuters

Carlyle Group LP, hedge fund firm Farallon Investors and China Cinda have agreed to buy $45 million worth of shares in Fu Shou Yuan International Group Ltd as China's largest provider of death-care services seeks up to $215 million in a Hong Kong IPO, Reuters reported.

9 December 2013•2 mins read
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