Wednesday, June 6, 2007

Warburg Pincus eyes stake in China retailer: source

(Reuters) - "The two parties have been in talks for several months, and the stake Red Star would likely sell is less than 50 percent," the source told Reuters on Wednesday.




Final details have yet to be set but the negotiations have reached a late stage, added the source, who asked not to be identified.


Read more at Reuters.com Mergers News

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