You are here

HNA close to making S$2.30 a share offer for CWT: report

Potential offer represents about 11% premium over CWT's last traded price of S$2.07 on Thursday
Friday, April 7, 2017 - 05:50


CHINESE conglomerate HNA Group is close to making a formal takeover offer for logistics provider CWT Limited in a potential S$2.30 per share deal that could value CWT at about S$1.38 billion, Bloomberg reported on Thursday citing sources.

The news comes nearly a year

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom