Reported 2 days ago
HongShan Capital Group is set to acquire a majority stake in Marshall Group AB, known for its iconic audio equipment, in a deal valued at approximately $1.1 billion. The founding Marshall family will retain over 20% of the company's shares. This acquisition, pending regulatory approval, will be HongShan's largest investment in Europe, expanding its portfolio of over 1,500 backed companies across various sectors since its inception in 2005.
Source: YAHOO