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US lawmakers urge Antony Blinken to slap sanctions on Hong Kong, Chinese officials for activists arrest warrants

Asians Are Underrepresented In Mass Politics, But Wu And Chang-Diaz Are Trying To Change That

Asians Are Underrepresented In Mass Politics, But Wu And Chang-Diaz Are Trying To Change That
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Kerry Logistics to become S F s international arm

Feb 10, 2021 | E-Commerce, Parcel |  Chinese logistics giant S.F. Holding Co has offered to buy a 51.8% stake in Hong Kong-listed Kerry Logistics Networks Ltd, it said in an exchange filing on Tuesday, reports Reuters. The offer, at HK$18.8 ($2.43) per share and valuing the total transaction at HK$17.6 billion, will be conducted by S.F. Holding unit Flourish Harmony Holdings Co Ltd, it said in the filing. The price represents a 19.83% discount to the stock’s last close of HK$23.45 on Feb.4, prior to a trading halt. Kerry Logistics Networks will retain its listing on the Hong Kong stock exchange upon completion of the deal, S.F. Holding said, although the public float would be reduced to 15% of the company from 25%.

China s S F offers to buy 51 8% stake in Kerry Logistics

3 Min Read HONG KONG (Reuters) - Chinese logistics giant S.F. Holding Co has offered to buy a 51.8 percent stake in Hong Kong-listed Kerry Logistics Networks Ltd, it said in an exchange filing on Tuesday. The offer, at HK$18.8 ($2.43) per share and valuing the total transaction at HK$17.6 billion, will be conducted by S.F. Holding unit Flourish Harmony Holdings Co Ltd, it said in the filing. The price represents a 19.83% discount to the stock’s last close of HK$23.45 on Feb.4, prior to a trading halt. Kerry Logistics Networks will retain its listing on the Hong Kong stock exchange upon completion of the deal, S.F. Holding said, although the public float would be reduced to 15% of the company from 25%.

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