PARIS, LONDON & JINING, China--(BUSINESS WIRE)--Shandong Ruyi Technology Group ("Shandong Ruyi Group") and KKR, a leading global investment firm, together with the founders and management team of SMCP Group (“SMCP”) have today announced the signing of an exclusivity agreement for the acquisition of a controlling stake in SMCP by Shandong Ruyi Group. The parties contemplate that SMCP’s founders and management would reinvest alongside Shandong Ruyi Group as minority shareholders, while KKR would
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