Chinese consortium buys S.F. Express stake

Group including Citic Capital, Oriza Holdings and China Merchants Group secure stake in privately run express delivery services company based in Shenzhen.

A consortium including Citic Capital, Oriza Holdings and China Merchants Group have bought a stake in Chinese express delivery firm S.F. Express.

The consortium bought “a stake of no more than 25%”, said Citic Capital, a Chinese private equity group, in a statement.

S.F. Express is a privately run express delivery services company in China that was established in 1993 and is based in Shenzhen.

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