China Huarong Buys Stake in CEFC Unit Linked to Rosneft Deal

Posted on 03/11/2018

China Huarong Asset Management Co., Ltd. acquired and accumulated a 36.2% ownership stake in CEFC Hainan International Holdings Co., a unit of CEFC China Energy Company Limited – a massive private Chinese conglomerate. CEFC Hainan International is the unit that agreed to purchase a 14% stake in Rosneft for US$ 9.1 billion from an entity […]

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