| Sovereign wealth fund China Investment Corp, together with China Life Insurance (Group) Co. and Franklin Templeton Investment Corp., invested a combined USD28 million in Prince Frog International Holdings Ltd.’s USD100 million initial public offering, a person familiar with the deal said July 7.
Prince Frog, which sells childcare products under the Frog Prince brand, sold a total of 300 million shares at HKD2.60 each, which is closer to the bottom-end of the indicative price range of HKD2.51 to HKD3.76..............................................Full Article: Source
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