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.

Financial details of the...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: citic capital

Print Edition

FinanceAsia Print Edition

EVENTS