KKR, Sino-Ocean Group to acquire stake in China mall developer for $191m

KKR, Sino-Ocean Group to acquire stake in China mall developer for $191m

Visual from Mint

Private equity firm KKR & Co and China property developer Sino-Ocean Group Holding Ltd will acquire an equity stake in Chinese retail outlet developer Beijing Capital Juda Ltd for $191 million (HK$1.477 billion), second such collaboration between Sino-Ocean and KKR.

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