Infinity Group invests in China COFCO project
Infinity Group, the Israel-based private equity firm created by China Development Bank and Israeli conglomerate IDB Group, plans to invest up to RMB10 billion ($1.62 billion) in the Beijing Eco-Valley project created by food industry giant COFCO Group.
Infinity and its partner Israeli LR Group have committed RMB 1 billion in the project so far. They will also provide a professional team for Eco-Valley's agricultural operation. COFCO plans to use Infinity's...
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