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| Friday, July 04, 2008 21:24:32 |
Nikko Cordial buys stake in drug retailer Kaixinren
Japan’s Nikko Cordial Group, a brokerage controlled by US financial heavyweight Citigroup, said it will pay US$30 million to US$50 million over the next two years for a minority stake in Kaixinren Group, a Chinese drug chain planning an IPO in 2009, the Shanghai Business Journal reported. Kaixinren Group did not disclose the ...
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