SWRAY Swire Pacific Ltd (PK)

   By Dominic Chopping 
 

STOCKHOLM--Swedish private equity group EQT said Monday it has sold its 65% stake in Chinese retail bakery chain Chongqing New Qinyuan Bakery Co., to Swire Foods Holding, a subsidiary of Swire Pacific Limited (0019.HK).

The EQT Greater China fund invested in Qinyuan Bakery in 2010 and the sale was closed on December 5, after receiving regulatory approvals on November 5.

The transaction price was undisclosed.

-Write to Dominic Chopping at dominic.chopping@wsj.com; Twitter: @WSJNordics

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