CDH Investments Exits Stakes Of Beijing Digital Telecom For $47M

CDH Investments has sold its entire stake in Hong Kong-listed Chinese mobile telecommunications devices distributor Beijing Digital Telecom for a total proceeds of US$47 million, according to a securities filing. CDH Investments sold 71 million shares at a price of HK$5.15 per share. In June 2007, CDH Investments teamed up with 3i Group to invest […]

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Read the original article: China Money Network