Aier Eye Hospital Buys Out Private Equity Partners In JV Funds

Changsha, Hunan province-based eye hospital operator Aier Eye Hospital Group plans to acquire nine hospitals owned by two funds it co-established with two Chinese private equity firms in 2014 for RMB600 million (US$87 million) in total.

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Nina Xiang
Nina Xiang is the co-founder and managing editor overseeing editorial content and product development at CMN. Before founding CMN in 2011, Nina worked at BusinessWeek magazine in Beijing and Institutional Investor magazine in New York, writing about business and financial services. While in New York, she also served as part-time correspondent for Shanghai's financial television channel, China Business Network, as well as China Radio International, China's national English-language radio network.