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Itochu, CP in Deal to Take $10.4 Billion Stake in Citic Deal Is One of the Biggest Foreign Investments in a Chinese State-Owned Company By Rick Carew And Atsuko Fukase Updated Jan. 20, 2015 1:40 pm ET ...
Itochu Corp, Japan's third-largest trading house, aims to boost its net profit by a third over the next three years, banking on a recent tie-up with Thailand's Charoen Pokphand Group (CP) and ...
Itochu and CP Group plan to take a joint stake of 20 percent in Citic Ltd, increasing their exposure to the world's second-biggest economy even as it slows from the blistering growth of the past ...
Japan’s Itochu Corp. and Thailand’s Charoen Pokphand Group are in talks to take a significant stake in Hong Kong-listed Citic, said people with knowledge of the matter.
CP All's shares ended 10.2% higher at 54.25 baht apiece on Wednesday in Bangkok. The Ito family has approached a number of private equity firms about supporting their bid, sources have said.
TOKYO (Reuters) - Japanese trading house Itochu Corp and Thailand's Charoen Pokphand Group (CP) are hammering out final details to jointly invest about 1 trillion yen (5.6 billion pounds) in China ...
Itochu will buy an HK$6.6 billion stake ($852 million) in Hong Kong-based unit CP Pokphand Co. and the Thai company will take 102.4 billion yen ($1 billion) of Itochu’s stock, the two companies ...
Although Charoen Pokphand Group has a 4% stake in Itochu itself, it could be argued that Itochu has more influence over Charoen Pokphand Group as one of its key group companies is an Itochu equity ...
Itochu and CP Group to take 20 pct stake in Citic Itochu investment is biggest ever by a Japan co into China Citic's shares up 1.5 pct, Itochu's down 2.5 pct (Adds dateline, company's comments ...
Japan's Itochu is withdrawing from a buyout for Seven & i Holdings proposed by the retailer's founding family, two sources with knowledge of the matter said, while Canada's Alimentation Couche ...