News Snapshot:
( Bloomberg ) -- Welkin China Private Equity Ltd ., an investment company focused on buying stakes in private Chinese companies , is planning a London initial public offering that could raise as much as $300 million, people with knowledge of the matter said. The newly established vehicle aims to list on the London Stock Exchange’s premium segment and could announce its intention to float as soon as this week, the people said, asking not to be identified because the information is private . It will be managed by Welkin Capital Management (Asia) Ltd ., a growth investment firm started...
