Latest United Envirotech (UEDVF) Headlines United
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Posted On: 03/11/2014 10:57:19 PM
Latest United Envirotech (UEDVF) Headlines
United Envirotech Announces US$40 Million Follow-on Investment by KKR
Business Wire - Tue Jan 08, 4:00AM CST
United Envirotech Limited ("UEL")(SGX:U19), a leading water treatment and recycling solution provider in China, today announced that KKR, a leading global investment firm with more than US$66 billion in assets under management, has entered into a definitive agreement with the company for a US$40 million common equity investment. KKR subscribed US$113.8 million convertible bonds issued by UEL in October 2011 to support the company's business expansion, and has been working with UEL to capture the attractive growth opportunities in China's water industry.
United Envirotech Announces US$40 Million Follow-on Investment by KKR
Business Wire - Tue Jan 08, 4:00AM CST
United Envirotech Limited ("UEL")(SGX:U19), a leading water treatment and recycling solution provider in China, today announced that KKR, a leading global investment firm with more than US$66 billion in assets under management, has entered into a definitive agreement with the company for a US$40 million common equity investment. KKR subscribed US$113.8 million convertible bonds issued by UEL in October 2011 to support the company's business expansion, and has been working with UEL to capture the attractive growth opportunities in China's water industry.
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