Los Angeles-based private equity firm Platinum Equity, LLC has agreed to acquire two Chinese businesses from Singapore's investment holding firm, Broadway Industrial Group Ltd., according to a company announcement. The companies being acquired include Foam Plastic Solutions, a supplier of protective packaging, insulation and component products to the consumer electronics, automotive, and medical markets, as […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.