Bloomberg reports that HSG (HongShan Capital Group, formerly Sequoia Capital China) has emerged as the leading bidder in advanced discussions to acquire Blackstone’s approximately 45% stake in Leica Camera AG. According to people familiar with the matter, HSG may also seek to purchase the remaining ~55% held by the Kaufmann family (via ACM Projektentwicklung), potentially … Continue reading Chinese HSG reportedly in advanced talks to acquire Blackstone’s and potentially Kaufmann’s stakes in Leica Camera