Brief: IP Group Announces Joint Venture With China Everbright To Launch Fund

China Everbright

28/05/2021 10:02

May 28 (Reuters) - IP Group PLC  IPO.L :
    * IP GROUP PLC  - JOINT VENTURE WITH CHINA EVERBRIGHT TO
LAUNCH
FUND
    * IP GROUP PLC - FORMS JOINT VENTURE WITH CHINA EVERBRIGHT
LTD TO
LAUNCH A £167M* (RMB1.5BN) FUND IN CHINA
    * IP GROUP PLC - FUND IS EXPECTED TO ACHIEVE A FIRST CLOSE
OF
RMB500M LATER THIS YEAR AND INCREASE TO RMB1.5BN WITHIN NEXT
THREE YEARS

Source text for Eikon:  ID:nRSb1087Aa 
Further company coverage:  IPO.L 

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