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Itochu, CP Group to jointly invest US$10b in China's Citic

Wednesday, January 21, 2015 - 05:50


JAPANESE trading house Itochu Corp and Thailand's Charoen Pokphand Group (CP) said on Tuesday that they plan to jointly invest US$10 billion in Citic Group, China's oldest and biggest conglomerate.

Itochu and CP Group plan to contribute evenly to the investment, taking a

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