Citic Pacific completes $36b asset deal

Combined group Citic Ltd will begin trading on the Hong Kong Stock Exchange on September 1 after receiving regulatory approval.

Citic Pacific has completed its massive Rmb227 billion ($36.8 billion) purchase of Citic Ltd from state-owned parent Citic Group after clearing all the necessary regulatory hurdles.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media