China Huarong says Goldman, Warburg, others to buy $2.4 bln stake-Reuters

China Huarong Asset Management Co Ltd, the country's biggest bad-debt manager, said on Thursday regulators have approved a deal for it to sell a 20.98 percent stake to a consortium of eight investors for 14.5 billion yuan ($2.4 billion), Reuters reported.

28 August 2014•1 min read
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