TPG Invested in Yunnan Red Wine Firm

   Date:2007/03/21

In China, Yunnan is fortunate to obtain the first investment with $15 million from TPG.

TPG copartner Mr. Huang said, "TPG Fund will be spent in building a national sales network and then expands it cosmically." YunnanRed Wine Firm is expected to quicken up to be internationalized by combining the French well-known wine enterprises. Yunnan is understood to be able to obtain investment from other organizations.

Mr. Huang added, "TPG Growth Fund was collected from last autumn. The first sum of it was 1.6 billion dollars. The line of investment should range between $5 million and $75 million in principle."

Yunnan Red Wine Firm is the sixth largest brewery in China. It would have ever proposed to be listed in Hong Kong in 2003.

 

Source:佚名

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