CEFC
China’s Energy Giant CEFC to Acquire 20 Percent Stake in Brokerage Firm Cowen Group
| Girish Shetti | | Mar 31, 2017 06:18 AM EDT |
Chinese conglomerate CEFC China Energy has announced its plan to buy a 20 percent stake in the American financial services Cowen Group for $100 million. Both companies have described the deal as part of the "long-term strategic investment."
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