Tag Archives: Chinese Developer to Pay About $1.9b to Blackstone

The real estate developer China Vanke plans to pay about $1.9 billion to the American private equity group Blackstone for commercial properties, the developer said on Tuesday. Vanke said in a Hong Kong Stock Exchange filing that other partners were involved in the deal, but did not identify who they were. It will contribute about 3.9 billion renminbi, or about ...

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