Guangdong Salt's arm raises $278m from CDH, Yunnan Energy, others

Guangdong Salt's arm raises $278m from CDH, Yunnan Energy, others

Guangdong Guangyan Holdings, a subsidiary of China’s state-owned Guangdong Salt Industry Group, has signed an agreement with 14 strategic investors to raise an aggregate of 1.9 billion yuan ($278 million), according to a company filing with the Shenzhen Stock Exchange on Tuesday.

Bring stories like this into your inbox every day.

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