Brief: Sino-Ocean and KKR invest in Capital Juda

Beijing Capital Grand

28/11/2016 02:40

Nov 27 (Reuters) -  
    * Sino-Ocean and KKR invest in capital juda 
    * Sino-Ocean, KKR entered into agreement to invest in 
beijing Capital Juda through new ordinary shares,perpetual 
convertible bond securities for $191 million 
    * Following completion of transaction sino-ocean will own 
about 16% stake in Capital Juda and KKR will own about 12% stake 
in Capital Juda 
    * KKR makes its investment from its china growth fund 
    * Hongkong and Shanghai Banking Corporation limited is sole 
financial adviser to Capital Juda 
 
Source text for Eikon:  ID:nBw29NNTSa  
 
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