CITIC Pacific offers to buy distributor Dah Chong Hong for $385 mln
20 Oct CITIC Pacific offers to buy distributor Dah Chong Hong for $385 mln
Posted at 01:13h
in
News
by KMFSLLP
CITIC Pacific Ltd said on
Sunday it will offer to buy Dah Chong Hong Holdings Ltd
for HK$3.02 billion ($385.1 million) to “re-engineer”
the businesses of the motor and consumer products distributor
for improved competitiveness.
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