Beijing Capital hires Citi to sell SG-based ECO in up to $400m deal

Beijing Capital hires Citi to sell SG-based ECO in up to $400m deal

FILE PHOTO: The Citigroup Inc (Citi) in Toronto, Ontario, Canada October 19, 2017. Picture taken October 19, 2017. REUTERS/Chris Helgren/

China’s state-owned Beijing Capital Group has hired Citigroup to sell its wholly-owned Singapore waste management company ECO in a deal that could fetch $300 million to $400 million, said two sources with knowledge of the matter.

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