Blackstone to make first China exit
The New York-based private equity and real estate giant is set to sell the Channel 1 shopping centre in Shanghai to a subsidiary of Hong Kong-listed New World Development Co in a deal valued at RMB1.46 bn.
The New York-based private equity and real estate giant is set to sell the Channel 1 shopping centre in Shanghai to a subsidiary of Hong Kong-listed New World Development Co in a deal valued at RMB1.46 bn.
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