Warburg Pincus enters into second China deal in a month

Newswire

HONG KONG, July 31 (Reuters) - Global buyout fund Warburg Pincus entered into its second China deal in a month after investing $55 million in a Chinese maternity, infant and kidswear retailer, in a sign of rising private equity investment activity in China. Warburg in early July paid $200 million for a minority stake in privately-owned China Auto Rental Holdings Inc, after the car rentals company pulled its U.S. IPO in April due to market turmoil. Warburg has ...

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