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Sino-Ocean, KKR To Acquire 18% Of Beijing Capital Juda In A Bet On Outlet Malls In China
Aggregated Source: China Money Network
propertyChinese property developer Sino-Ocean Group Holding Ltd. and global private equity giant KKR & Co. have agreed to invest HK$1.477 billion (US$191 million) in Beijing Capital Juda Ltd., a retail outlets developer and operator in China, the firms said today. Following the completion of the transaction, Sino-Ocean will own an approximate 16% stake in Capital […]


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