You are here

HNA offers just under S$1.4b to buy out CWT

Shareholders with a combined stake of over 65% undertake to accept offer
Monday, April 10, 2017 - 05:50

hna.jpg
Hong Kong-listed HNA Holding Group is buying out one of Singapore's long-running logistics player, CWT, for just under S$1.4 billion.

Singapore

HONG KONG-listed HNA Holding Group is buying out one of Singapore's long-running logistics player, CWT, for just under S$1.4 billion.

HNA, through a Singapore-incorporated wholly owned subsidiary, has launched a pre-conditional voluntary general cash offer (VGO) for all

sentifi.com

Market voices on:

Nespresso
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 btsub.sg/btdeal

Powered by GET.comGetCom