CDH exits Beijing Digital Telecom
CDH Investments has made a full exit from Hong Kong-listed Beijing Digital Telecom (BDT), one of China’s largest mobile retail chains, raising HK$366.93 million ($47 million).
According to a regulatory filing, a CDH vehicle sold 71 million H-shares in BDT at HK$5.15 apiece. The GP invested RMB87 million ($14 million) through CDH China Growth Fund II in 2007, picking up a 14.25%...
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