China Merchants beat out CHAMP, Pacific Equity for pallet-maker | AltAssets Private Equity News

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China Merchants beat out CHAMP, Pacific Equity for pallet-maker

5 Jul 2010

Australian private equity firms CHAMP and Pacific Equity have been beaten to the punch for Loscam, a pallet-maker owned by Affinity Equity Partners, by Chinese state conglomerate China Merchants Group, with a deal value estimated at up to AUS$700m ($587m).

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