Carlyle bets on China ecommerce boom with $120 mln Shanghai ANE stake
June 28, 2015 at 07:00 AM EDT
HONG KONG, June 28 (Reuters) - Private equity firm Carlyle Group LP said on Sunday it has agreed to pay $120 million for an undisclosed stake in Chinese logistics firm Shanghai ANE Logistics Limited (ANE) as it seeks to benefit from China's booming e-commerce business.
