Hony Capital takes home $528m from CSPC placement

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Hony Capital takes home $528m from CSPC placement

CSPC Pharma_230px

Chinese private equity firm Hony Capital sold a HK$4.095bn ($528m) stake in CSPC Pharmaceutical Group on August 28 by pricing at the bottom of guidance in what was its fourth stake reduction in the company in 16 months.

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