Page 29 - லி பூஞ்சை News Today : Breaking News, Live Updates & Top Stories | Vimarsana
HK privatisation deals to pick up pace after hitting three-year high
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Hong Kong take-private deals set to pick up pace after hitting three-year high in 2020
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Ben Kwok December 16, 2020 12:12
Crisis means opportunity for the Fung family, one of the most well-known trading houses since the last century.
This year the family led by Victor Fung and William Fung has been active. After privatizing their flagship Li & Fung in a US$930 million deal in the first half, they sold convenience store chain Circle K last month for US$360 million.
Now the focus is on whether the Fung family might come back to save its ailing Trinity business after cashing out US$280 million three years ago.
The Fung family sold 51 per cent of Trinity, which runs Cerruti 1881, Gieves & Hawkes, Kent & Curwen and D’urban, to Ruyi Group in 2017 after running a few years’ losses.
高院頒令「成報報刊」清盤 - 香港文匯報
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【銀行*馬祥雲】招行聯手京東,不可低估的TOP直銷銀行
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