January 19, 2017
China-based supermarket chain operator Yonghui Superstores announced plans to partner with Bain Capital Private Equity to purchase U.S.-based Daymon Worldwide for $413 million. Reuters reported that Yonghui will invest $165 million for a 40 percent stake in the company, while Bain Capital will buy the remaining 60 percent. In a statement late on Tuesday (Jan. […]
