China's CCB International to acquire 48% in cigarette package maker AMVIG for $124m

China's CCB International to acquire 48% in cigarette package maker AMVIG for $124m

Ruslan Bardash/Unsplash

China Construction Bank’s CCB International (Holdings) Limited plans to pick up a 47.63 per cent stake in Hong Kong-listed Chinese cigarette package manufacturer AMVIG Holdings Limited for HK$965 million ($124 million), per a filing to The Stock Exchange of Hong Kong on Wednesday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter