ARC Capital sells stake in Goodbaby International

Closed-end investment company ARC Capital has sold its stake in the Hong Kong-listed company Goodbaby International.

Closed-end investment company ARC Capital has sold its stake in the Hong Kong-listed company Goodbaby International.

Together with a small realisation in November 2010 during its public listing, Arc Capital's investment in Goodbaby International realised a total of $64.5m, representing an IRR of 18.23% and a gross cash multiple of 2.8 times.

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