Hony, Goldman lead USD610 million investment in China’s Neusoft
12-Dec-14, China Money Network
Shenyang City-headquartered Chinese IT solutions and service provider Neusoft Corporation says it intends to sign an agreement with an investor consortium including Chinese private equity firm Hony Capital and Goldman Sachs to invest in Neusoft's two subsidiaries as strategic investors to help the company transform and further expand its healthcare businesses, according to a company announcement.
The investor consortium, including Hony Capital, Goldman Sachs, Neusoft Holdings, Canada Pension Plan Investment Board (CPPIB), Chinese venture firm Frontline BioVentures and others, will invest a total of USD610 million via three separate transactions.
Neusoft says it intends to accelerate its business model transformation, and build an open platform for its healthcare businesses to expand in the global healthcare market.