Li & Fung (1937) to acquire additional stake in Li & Fung - MarketLine Financial Deals

Li & Fung (1937) to acquire additional stake in Li & Fung

Li & Fung (1937) to acquire additional stake in Li & Fung - MarketLine Financial Deals
Li & Fung (1937) to acquire additional stake in Li & Fung
Published Mar 27, 2012
3 pages — Published Mar 27, 2012
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Abstract:

Li & Fung (1937), Ltd. has entered into an agreement to acquire 210 million shares, representing 2.58% stake, in Li & Fung Limited, a Hong Kong-based consumer products trading company, at a price of HKD18.62 ($2.4) per share for gross proceeds of HKD3,910.2 million ($503.35 million) through placement transaction.

  
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Document ID
MA104152_120402
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MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

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MLA:
MarketLine Financial Deals. "Li & Fung (1937) to acquire additional stake in Li & Fung" Mar 27, 2012. Alacra Store. Dec 06, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Li-Fung-1937-to-acquire-additional-stake-in-Li-Fung-2052-79573>
  
APA:
MarketLine Financial Deals. (2012). Li & Fung (1937) to acquire additional stake in Li & Fung Mar 27, 2012. New York, NY: Alacra Store. Retrieved Dec 06, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Li-Fung-1937-to-acquire-additional-stake-in-Li-Fung-2052-79573>
  
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