M&As this week: Guangzhou Lingnan Group Holdings, Curry Up Now
An undisclosed Chinese investment management company has announced the acquisition of 86.7 million shares, equivalent to a 12.9% stake, in Guangzhou Lingnan Group Holdings.
Based in China, Guangzhou Lingnan Group is engaged in hotel-related business.
Curry Up Now, a fast casual setting, has purchased restaurant operator Tava Kitchen.
Both companies involved in the transaction are based in India.