Qatar buys 22% stake in CITIC Capital
CITIC Capital said on Wednesday that a unit of Qatar's sovereign wealth fund - Qatar Holding - has subscribed for new shares in CITIC Capital, equivalent to a 22.22% stake in the company.
After the transaction, CITIC Pacific and CITIC International Financial will jointly hold a 42.78% stake in the private equity firm, with China Investment Corporation (CIC) owning another 31.11%. The remaining...
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