Citic Group leverages private investment to max

CP Group and Itochu raise $470m in Citic block

The sale of the jointly held 1% is a precursor to Itochu and CP Group's upcoming $10.4 billion purchase of a 20% stake in Citic - one of the largest transactions in a Chinese SOE.

April 12, 2015

CP Group and Itochu buy $10.4 billion Citic Ltd stake

Deal to buy a 20% stake in the Chinese state-owned enterprise is the country's largest inbound M&A deal on record.

January 20, 2015

Fungs’ veto to play havoc with Toys “R” Us sale in Asia

The Fung family’s right-of-first-refusal is likely to disrupt the $1 billion sale of the toy retailer in Asia. Private equity bidders and distressed debt holders face disappointment.

June 08, 2018

What is CP’s gameplan?

Thailand’s richest man Dhanin Chearavanont keeps the deal mill turning.

October 17, 2013

GIC, Mizuho give Vietcombank $265m capital boost

The funds raised via a private placement bolster Vietcombank’s capital ahead of Vietnam's application of Basel II in 2020. However, the state could continue to demand big dividends.

January 09, 2019

CP Group raises $315 million from sale of shares in CP All

The deal comes shortly after the Dhanin Chearavanont-controlled seller receives regulatory approval to buy HSBC’s stake in Ping An Insurance.

February 25, 2013