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Stock Market & Financial Investment News

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June 17, 2014
06:50 EDTOZM, CTPCYOch-Ziff among firms purchasing CITIC Pacific stake, Reuters says
Och-Ziff Capital (OZM) and Chow Tai Fook Nominee are among 10 new investors who have agreed to purchase a combined $3.8B stake in CITIC Pacific (CTPCY), according to Reuters, citing a stock exchange filing. The other firms involved in the transaction include Mount Emei Investment, Oceanwide International, Youngor Industrial, Baylite, East Crimson, Trendfield, China Export & Credit Insurance and Sinochem Hong Kong. Reference Link
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