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Aggregated China Business Blogs
CITIC And KKR To Acquire Singapore-Listed United Envirotech
Aggregated Source: China Money Network
Chinese conglomerate CITIC Limited has joined forces with U.S. private equity giant KKR & Co. to make a pre-conditional voluntary offer for all the shares of Singapore-listed water and waste-water treatment firm United Envirotech Ltd., according to a joint announcement. The transaction, which values UEL at approximately 1.9 billion Singapore dollars on fully diluted basis, […]


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