Private equity firms MBK Partners and Hudson Clean Energy Partners have sold their 92.7% stake in Chinese waste water treatment firm GSE Investment Corporation to Hong Kong-listed Beijing Enterprises Holdings Limited for an undisclosed amount, according to a joint announcement.
MBK Partners acquired control of GSE Investment in 2009. In 2012, Hudson Clean Energy Partners joined and acquired a minority stake of the company. Both transactions’ terms were not disclosed.
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