Carlyle eyes two more Chinese companies

[UpInArms]

http://news.xinhuanet.com/english/2004-12/07/content_2304296.htm

BEIJING, Dec. 7 (Xinhuanet) -- Global private equity firm The Carlyle Group was leading two financing exercises worth a total of US$27 million in China as it strived to heighten its presence in the country, the Wall Street Journal reported Monday.

Runstar International, a Beijing-based online game developer, was receiving US$14 million from an investor group that included Carlyle, China Merchant Fortune Ventures and Sino-Korean Wireless Fund, the paper said.

In the second transaction, Carlyle, Chengwei Ventures and Pacific Venture Partners are putting US$13 million into Shanghai-based semiconductor designer Huaya Microelectronics Inc.

So far this year, the U.S. venture-capital firm has invested US$40 million in China, which dwarfed last year’s total investment of less than US$15 million.

...more...

slimy bastards....:grr:

[Maat]

1. Yeah ... the BFEE ...

always doing business in the very countries that they are threatening. Slimey is right.

[sam sarrha]

2. That is Poppy Bu$h's gang of theives, outsourcing is only good for them..

and The Shrub will keep the jobs flowing out to china

[0007]

3. I hope the Carlyle boys are taken to the Chinese laundry!

Love to see 'em running around butt naked.

Muckahigh!

[The Backlash Cometh]

4. Christ. Carlyle is now going to take over China and attack

the USA. :eyes: