Sino-Ocean, KKR To Acquire 18% Of Beijing Capital Juda In A Bet On Outlet Malls In China

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Chinese property developer Sino-Ocean Group Holding Ltd. and global private equity giant KKR & Co. have agreed to invest HK$1.477 billion (US$191 million) in Beijing Capital Juda Ltd., a retail outlets developer and operator in China, the firms said today.

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