On the wires: Temasek the ‘Saviour’ invests little in Li & Fung as it cashes in top dollar from CapitaLand

“Li & Fung Limited (…) today announced it has entered into a subscription agreement with Temasek (..) for a cash consideration of $300m for approximately 21.7% stake of its Logistics business (“LF Logistics”). The investment values LF Logistics at approximately $1.4bn on a post-money equity valuation basis.” – Li & Fung, 28 June 2019.
Hey ho: After the friendly domestic bailout of debt-laden Pacific International Lines – more about the PIL rumoured …

The post On the wires: Temasek the ‘Saviour’ invests little in Li & Fung as it cashes in top dollar from CapitaLand appeared first on The Loadstar.

Source: The Loadstar

Be the first to comment on "On the wires: Temasek the ‘Saviour’ invests little in Li & Fung as it cashes in top dollar from CapitaLand"

Geef een reactie

Het e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *

*