Nanjing Xinjiekou eyes offshore to fund acquisition

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Nanjing Xinjiekou eyes offshore to fund acquisition

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Mandoline Stephen/curioustravelers - Fotolia

Nanjing Xinjiekou Department Store, a subsidiary of Nanjing Cenbest, has announced its plan to issue offshore bonds in order to acquire China Cord Blood Corporation (CCBC)’s China business.

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