Smooth exit for CPIC sponsors with $250m anchor order
A $250m anchor order and plenty of reverse enquiry set the scene for a HK$6.15bn ($790m) exit by Carlyle Group and Parallel Investors Holdings from China Pacific Insurance Group on Monday night. The strong response created some useful momentum for others looking to bring deals, and the management of Shenzhou International launched a much smaller sale of stock on Tuesday evening.
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