Beijing Jianguang Asset Management and Wise Road Get a Stake in Tsinghua Unigroup
Posted on 12/10/2021
An investor group led by Beijing Jianguang Asset Management Co. Ltd (JAC Capital) and Wise Road Capital LTD inked a deal to acquire a stake in Chinese chip conglomerate Tsinghua Unigroup. Tsinghua Unigroup is stacked with debt due to an aggressive acquisition spree and has been in a long restructuring process. Alibaba Group Holding Co […]
