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HK tycoon Cheng family buys EAM Blackhorn to build 'lifestyle platform

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CTF Services, owned by Hong Kong billionaire Henry Cheng, is buying a 65% stake in external asset manager Blackhorn and plans to integrate it into a broader ‘lifestyle platform’. Hong Kong-listed CTFS has entered a conditional sale and purchase agreement, according to a 20 August stock market announcement, though the…

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