RESILIENT MEIA ENTERTAINMENT BENNY QUETELL

Friday, September 28, 2012

PRIVATE EQUITY DEALS


7 Days Group Holdings (NYSE: SVN), a Chinese budget hotel chain, has received a buyout offer from an investor group that includes The Carlyle Group, Sequoia Capital China and the company's co-chairman. No word yet on the offer price for 7Days, which had seen its stock slump more than 20% over the past year (to a market cap of around $575 million). Warburg Pincus holds a 16% stake in 7 Days. www.7daysinn.com 

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