UPDATE 1-China's CITIC to buy 20 pct stake in Ivanhoe for C$723 mln
June 11, 2018 at 08:58 AM EDT
June 11 (Reuters) - A unit of Chinese state-run conglomerate CITIC Ltd will buy a near 20 percent stake in Canada's Ivanhoe Mines for about C$723 million ($555 million), the companies said on Monday.