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星期三, 2014年10月15日

(China Money Network by staff writer) - Asian private equity manager Shaw Kwei & Partners has invested US$40 million in Germany's Schmid Group through the purchase of Schmid's convertible bonds, according to a company announcement.

No other details of the investment were disclosed.

Schmid says it will use the proceeds for expanding its business in Germany and China to meet rising customer orders.

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