CITIC Capital completes acquisition of Paris-based Axilone

A man stands in front of CITIC bank's branch in Beijing, China, in this March 23, 2016 file photo. REUTERS/Kim Kyung/File Photo

Private equity firm CITIC Capital Holdings has completed the acquisition of Paris-headquartered cosmetics packaging provider Axilone from Oaktree Capital Management. Oaktree had put the company up for sale early last year.

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