China Time Investment Buys Swank

China Time Investment Holding (CTIH), a mining group based in Yunnan, China, has purchased 60 percent of Swank in a deal valuing the company at HK$93.6 million (€10.1m-$12.0m). Indicating that the transaction is purely of a financial nature, Swank says the purchase will have no effect on its plans, its ...

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