CITIC Acquires CEFC’s Assets For Kc11.5 Billion
Prague, May 25 (CTK) – Czech-Slovak group J&T has received the Kc11.5bn it was owed by CEFC from China’s state-run CITIC Group, and it will start releasing CEFC’s pledges, J&T confirmed the information officially today after 14:00. J&T and CITIC agreed on strategic cooperation and CITIC’s taking over CEFC’s debt to J&T, with Rainbow ...