China Business News: China Oceanwide becomes 3rd largest shareholder of Legend Holdings

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China Oceanwide becomes 3rd largest shareholder of Legend Holdings

Sep. 7, 2009 (China Knowledge) - China Oceanwide Holdings Group, a business conglomerate in China and parent of Oceanwide Real Estate Group Co Ltd<000046>, has obtained 29% stake in Legend Holdings at a cost of RMB 2.76 billion, sources reported. The stake transaction enabled China Oceanwide to become the third largest shareholder of Legend Holdings, the parent of the world's fourth-largest

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