BusinessWeek, 1 Apr 2010
April 1 (Bloomberg) -- Hopu Investment Management Co., founded by Goldman Sachs Group Inc.’s Chinese partner, plans to invest in Winsway Coking Coal Holdings Ltd. together with two partners, two people with direct knowledge of the matter said.
Hopu will make the investment together with China Minmetals Corp. and Silver Grant International Industries Ltd., the people said, asking not to be identified because the negotiations are private. The investing group will purchase about 20 percent of closely held Winsway for about $110 million, one person said. Full Story
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Beijing buy-out firm Hopu leads consortium for $110m stake in Winsway - AltAssets
Hopu, partners take $110 mln slice of Winsway - Reuters