EQT Buys Majority Stake in Qinyuan Bakery

Private equity firm EQT Partners, through its EQT Greater China II fund, has bought a majority stake in Chinese bakery chain Qinyuan Bakery. The firm is buying 65% of Qinyuan, with 35% remaining with the company’s founders. Financial terms of the deal were not released. Qinyuan Bakery is based in Southwest China.

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