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Name | Symbol | Market | Type |
---|---|---|---|
CITIC Ltd (PK) | USOTC:CTPCY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5.755 | 4.98 | 6.49 | 0.00 | 11:23:53 |
By Gaurav Raghuvanshi
A joint venture between Citic Ltd. (0267.HK) and Carlyle Group L.P. (CG) has offered to take its Hong Kong-listed satellite communications unit private in a 1.05 billion Hong Kong dollar ($134.4 million) deal.
Bowenvale Ltd. is offering HK$10.22 a share for all the shares in Asia Satellite Telecommunications Holdings Ltd. (1135.HK) that it doesn't already own, the satellite operator said in a filing to the stock exchange.
Bowenvale owns 74.43% of Asia Satellite, which operates seven communication satellites under the AsiaSat brand.
Write to Gaurav Raghuvanshi at gaurav.raghuvanshi@wsj.com
(END) Dow Jones Newswires
June 27, 2019 21:03 ET (01:03 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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