Consortium to take HK-listed ESR Group private for $7.09 billion

Quick Summary:

Hong Kong-listed ESR Group received an offer from a consortium including Starwood Capital Group and Warburg Pincus to take it private, valuing the real estate firm at HK$55.19 billion ($7.09 billion), the company said in a statement on Wednesday.($1 = 7.

FILE PHOTO: A general view of the skyline buildings in Hong Kong, China July 13, 2021.

Consortium to take HK-listed ESR Group private for $7.

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Article Details

Category: EconomyBusiness

Markets: SingaporeChinaHong Kong

Topics: File View Mediacorp General Private Hong Consortium Hk-listed Group Photo: Experience

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-04 @ 21:53:17 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 136 words

Reading Time: 1 minutes read

Sentences: 8 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 24120062

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