News Snapshot:
CAC Capital Management, a Shenzhen-based venture and private equity firm, has agreed to acquire the China business of Denmark's NKT Holding, a cables and wires supplier. The deal has an enterprise value of €14.3 million (RMB107 million), says an announcement. "We have been in China for a long time and executed well on some milestone […]Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
