Li & Fung HK$7.22 billion million take-private

Overview:

• Hong Kong-listed supply chain company Li & Fung is undergoing a HK$7.22 billion ($931 million) privatization by Golden Lincoln Holdings I as offeror by way of a scheme of arrangement.
• The scheme is subject to Bermuda court sanction and independent shareholders’ approval of Li & Fung.
• Golden Lincoln Holdings I is a special purpose vehicle established by the founder group of Li & Fung and GLP.
• GLP is a leading global operator and investor in logistics, real estate, infrastructure, finance and related technologies. 

Adam Majeed - IFLR1000