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.
Financial details of the...