KKR, Sino-Ocean invest in Beijing Capital Juda
KKR has partnered with Chinese property developer Sino-Ocean Group Holding to invest HK$1.5 billion ($190 million) in retail outlet developer and operator Beijing Capital Juda.
The transaction, which is subject to regulatory and Capital Juda shareholder approval, will see KKR and Sino-Ocean pick up stakes of 12% and 16%, respectively, with Capital Juda issuing a combination of...
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