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Citic Unit, KKR Bid for United Envirotech

Citic Unit, KKR Bid for United Envirotech

Wall Street Journal 12/11 04:48

A unit of Chinese state firm Citic Ltd. and U.S. private-equity firm KKR & Co are teaming up to acquire a Singapore wastewater treatment company for $1.5 billion, as Chinese appetite grows for environment-related companies.

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