Article: WARBURG PINCUS LEAVES, BUT MORE TO COME TO HUIYUAN JUICE


AsiaInfo Services
06-11-2009
Warburg Pincus Leaves, But More to Come to Huiyuan Juice

HONG KONG, Jun 11, 2009 (SinoCast Daily Business Beat via COMTEX) -- US-based Warburg Pincus and Holland-based ABN AMRO are jumping away from China Huiyuan Juice Group Ltd. (SEHK: 1886) while a lot of funds are preparing to invest in.

Warburg Pincus announced on June 9, 2009 that it gave up the conversion option of all convertible bonds it bought from Huiyuan Juice and sold via the Royal Bank of Scotland in bond market. By far, the private equity investment firm who had been the third largest shareholder of Huiyuan Juice has thoroughly withdrawn.

On the same day, ABN AMRO sold out a 6.74% stake in Huiyuan ...

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