(EnergyAsia, April 2) — US buyout firm Warburg Pincus has agreed to invest a total US$175 million in Hong Kong-based oil logistics, trading and storage firm, Titan Petrochemicals Group Limited. Titan, under financial pressure from high debt and poor results, said Warburg Pincus, one of the world’s leading private equity investors, will invest US$75…
CHINA: US buyout firm to invest US$175 million in oil logistics and storage firm Titan
Posted on April 2, 2007 by EnergyAsia