An investor corsortium led by funds managed by CITIC Capital Holdings Ltd. and Chinese media firm Caixin Global has reached an agreement to acquire a unit of London-listed Euromoney Institutional Investor PLC for US$180.5 million, the firms announced today. The Chinese investor group is buying the Global Markets Intelligence Division of Euromoney Institutional Investor PLC, Europe’s largest business and financial magazine publishers with interests in financial publishing and event organization. The Global Markets Intelligence Division (GMID) covers financial information and …
CITIC Capital, Caixin Global To Acquire Euromoney Unit For $180.5M appeared first on China Money Network.