Morgan Stanley PE Asia Puts $100M in China XD Plastics
Morgan Stanley Private Equity Asia will invest $100 million in China XD Plastics Co., LTD, a maker of modified plastics for the automotive industry. Based in Harbin, China, the company is listed on Nasdaq. MSPEA will get a pair of board seats as part of the transaction. There are currently 70 auto brands that use China XD parts, including Audi, BMW, Toyota and Mazda
16 August 2011•4 mins read
