News Snapshot:
China snack maker Weilong raises $549m, pursues HK IPO Larissa Ku China’s leading spicy snack food company Weilong has raised a $549 million pre-IPO round at a valuation of $9.4 billion and filed for a Hong Kong IPO. CPE is the largest external holder after the pre-IPO round with a 2.32% stake. Hillhouse is second with 1.17%, followed by Tencent Holdings and Yunfeng Capital with 0.64% apiece. Other investors include...
