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China Daily | Updated: 2014-08-05 07:19

Mining sector a target for venture capital with 8 deals

ChinaVenture Group revealed on Monday 15 venture capital and private equity deals were made in the Chinese mining sector from the start of 2013, and the eight where the investment amount was disclosed totaled $4.37 billion. The largest disclosed deal saw Guolian Industrial Investment Fund invest 24 billion yuan ($3.88 billion) in PetroChina Pipeline United Co Ltd for purchasing a 20 percent share in June 2013.

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