Capital Research will invest US$634 million in the offering, according to the term sheet. Paulson & Co., managed by John Paulson, will buy a US$350 million stake and Lone Pine Capital LCC will invest US$186 million, it said.
Jenkin Hui and family, Singapore’s Temasek Holdings, Cathay Life Insurance Co. and Metropolitan Financial Services will each invest US$100 million, and Ally Holding Ltd. will buy a US$50 million stake.
Hutchison rose 1.6% to HK$91.45 ($14.9) at 3:02 p.m. in Hong Kong trading. The company, which also invests in real estate, oil and gas, drugstores and mobile-phone services, has jumped 15% this year, outperforming the benchmark Hang Seng Index’s 1.4% gain.
Source [via]
Computer, Technology, Databases, Google, Internet, Mobile, Linux, Microsoft, Open Source, Security, Social Media, Web Development, Business, Finance
Subscribe to:
Post Comments (Atom)
-
Google url shortener service, goo.gl , is now much improved with newly included features like easier copy and paste, and ability to delete e...
-
If you have been reading the mainstream media or the social media, it is likely that you would have heard of SimplyGo - an initiative by the...
-
XYplorer , the awesome powerful alternative file explorer for Windows, is now available absolutely FREE today. The version to be given away ...
-
A proposed Computing Professionals Bill in Malaysia will require all IT professionals to be certified. This would mean programmers can only ...
-
ActiveSG is a national initiative from the Singapore government to encourage all to stay healthy and keeping fit. Membership registration i...
No comments:
Post a Comment
Do provide your constructive comment. I appreciate that.