CITIC Capital invests China-Europe logistics providers
CITIC Capital has backed two China-Europe logistics providers in separate deals of undisclosed size. The GP is investing via its Silk Road Fund, which targets geographies in China’s One Belt One Road (OBOR) agenda.
The investments include freight services player Shanghai Railink International Intermodal Logistics and Atasu Group, which operates across rail, auto, air, sea shipments. CITIC aims to leverage the expertise...
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