![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
Bain Capital To Acquire 18% Stake In Gome For USD400 Million
China Retail News (June 11th, 2009) Writes:
It is reported that U.S. private equity firm Bain Capital is to buy a 18% stake in China's electronic retail giant Gome for USD400 million.
In addition, Bain Capital will acquire 12% of Gome's HKD4.6 billion convertible bonds at an annual interest rate of 5%. These bonds were issued by Gome in May 2007 and will [...]
Tags for this Post:
Bain Capital, Bonds, China, China, electronic retail giant;, Gome, HKD4.6;, Hong Kong, Market Commentary, United States, USD
Bain Capital, Bonds, China, China, electronic retail giant;, Gome, HKD4.6;, Hong Kong, Market Commentary, United States, USD
No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.