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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 ...
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 ...
Financially, the deal is straight forward. CITIC Limited shares (existing and new issue), priced at HK$13.80, will cost Itochu and CP Group a total of some USD 10.4 billion (JPY 1,204 billion).
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 ...
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 Corp. and Charoen Pokphand Group, the agribusiness firm owned by Dhanin Chearavanont, said they are planning a 50-50 investment in China’s Citic Ltd., which owns China’s ...
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 ...
Itochu Corp., Japan’s third-largest trading house, is nearing an agreement to invest in Thai billionaire Dhanin Chearavanont’s CP Pokphand Co., according to 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.
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 ...
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 ...
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