Carlyle May Buy Some of China Vanke's Assets
August 27 2014 - 10:00PM
Dow Jones News
SHANGHAI--Private-equity company Carlyle Group is looking to buy
some of developer China Vanke Co.'s (000002.SZ) commercial
properties.
Vanke expects to sign a memorandum of understanding for an asset
or share acquisition with Carlyle Asia Investment Advisors in the
next few days, the Shenzhen-based company said in a stock-exchange
announcement.
The talks were first reported by Reuters on Wednesday.
Write to Esther Fung at esther.fung@wsj.com
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