Citic Securities completes CLSA deal amid integration scrutiny

The purchase is the first major deal by a Chinese broker of a foreign peer.
Citic says the acquisition of CLSA will help to double its RoE by 2015
Citic says the acquisition of CLSA will help to double its RoE by 2015
August 01, 2013

Citic Securities has completed its acquisition of Hong Kong-based broker CLSA, the first major deal by a Chinese broker of a foreign peer.

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