Retailing, Franchising, and Consumerism Business Intelligence in China

Warburg Pincus Makes Investment In Retail Chain

Warburg Pincus says it will pay US$150 million for 10% of GOME Electrical Appliances. GOME is one of China's top electronics retail chains.

GOME will sell convertible bonds and warrants to Warburg Pincus and plans to expand its share of the US$55 billion electronics retail market in China.

GOME plans to open 200 outlets this year, on top of more than 400 across China now.

Be the first to comment on "Warburg Pincus Makes Investment In Retail Chain"

Leave a comment

Your email address will not be published.