Hony Capital, Goldman Sachs to Back Neusoft Subsidiaries
December 15, 2014
Hony Capital and Goldman Sachs are among a group of investors that have agreed to make investments in two subsidiaries of Neusoft (SSE: 600718): Neusoft Medical Systems and Neusoft Xikang Healthcare Technology. The investors will provide RMB1.6 billion ($259 million) of funding to Neusoft Medical Systems and also spend RMB1.13 billion to purchase part of the equities in the subsidiary from Neusoft. The investment in Neusoft Xikang will be $170 million. Neusoft will remain the largest shareholder in both subsidiaries—roughly 33% of each.