Chong Hing’s majority owner is offering to buy the rest at a $2.6 bln valuation, or 0.9 times book. That’s less than half the multiple the Guangzhou-backed fund paid in 2013. Greater Bay Area …
( read original story …)
The HongKong News
Chong Hing’s majority owner is offering to buy the rest at a $2.6 bln valuation, or 0.9 times book. That’s less than half the multiple the Guangzhou-backed fund paid in 2013. Greater Bay Area …
( read original story …)