These aren’t the good days for Hong Kong’s Kerry Logistics.
In spite of a proposed spin-off announcement, broader market volatility and other structural factors weighing on value – its relatively small free float, for instance – have dragged down its shares, now still looking for the bottom.
Courtesy of The Financial Times‘ key stats section, here is where they trade (all values in HK$, ex %): “As of last trade Kerry Logistics Network …
The post M&A radar: Kerry too big a target but the ‘IFF’ bits are juicy for K+N appeared first on The Loadstar.
Source: The Loadstar
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