Guggenheim Global Infrastructure secures first China deal

The infrastructure specialist has taken a rare controlling stake for its first Chinese deal

Tuesday 10 January 2012 at 19:53

Guggenheim Global Infrastructure, the infrastructure affiliate of investment management firm Guggenheim Partners, has made its first investment in China, the firm said.

Guggenheim Global Infrastructure has acquired a majority stake in Hong Kong-based King Tech International, a company that develops technologies for the production of asphalt rubber in China.