The Carlyle Group Invests in Mandarin Hotel Holdings Limited (Asia)

Posted on: 5 Jul 2012  |  Source: The Carlyle Group

The Carlyle Group has acquired a 49 percent controlling stake in Mandarin Hotel Holdings Limited through its Asian buyout fund, Carlyle Asia Partners III. China-based Mandarin operates 25 designer hotels in six Chinese cities under the Crystal Orange Hotel and Orange Hotel brands. Financial terms of the transaction were not disclosed.

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