Mergers & Acquisitions
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Temasek, KIA Said Among Investors in Citic Securities Sale
Temasek Holdings Pte and Kuwait Investment Authority are among early investors who agreed to buy $900 million of stock in Citic Securities Co.’s initial share sale in Hong Kong, two people with knowledge of the matter said. The Singaporean state-owned investment firm will invest $150 million in the offering, while…
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Click here to read the full story: Business Week