CVC-Backed Da Niang Dumplings To Be Sold To Chinese Hotel Group

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Chinese fast food restaurant chain Da Niang Dumplings Holdings Ltd., which CVC Capital Partners bought out in 2013, is being sold to Chinese hotel group GreenTree Inns Hotel Management Group, Inc., according to a disclosure statement posted on the website of Ministry of Commerce’s anti-monopoly bureau.

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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.