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Three-Minute Digest

Published Tue, Apr 29, 2014 · 10:00 PM

LVMH buys Crystal Jade for US$100m

AFTER three years of courtship, L Capital Asia, the private-equity arm of French luxury goods giant LVMH Moet Hennessy Louis Vuitton, has bought homegrown Chinese restaurant group Crystal Jade in a deal that market sources place at around US$100 million.

Chuan-Jin, Lawrence made full ministers

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