New York-based private equity (PE) firm Warburg Pincus announced that it has completed the acquisition of majority stake in Chinese pregnant women and baby products retailer Leyou.com Inc.
The deal would be worth around $200 million to $400 million.
Along with the investment, Warburg Pincus will also support Leyou to improve its capabilities in information technology, management and financing.
Over the past two years, Warburg has invested more than $1.1 billion in nine firms in the maternity and child consumption sector.