RTR: China’s SF in talks to take Kerry Logistics private – sources

REUTERS reports:
Chinese logistics giant SF Holdings Co is in talks to take Hong Kong-listed Kerry Logistics Networks Ltd private, in the sector’s latest consolidation attempt, four people with knowledge of the matter told Reuters.
SF is preparing to offer a decent premium to Kerry’s current trading price, said one of the people, who declined to be named as the information is confidential.
In the past six months, buyers have paid an average …

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Source: The Loadstar

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