Hong Kong’s Billionaire Cheng Family To Buy Out New World’s Industrial Flagship For Up To $4.5 Billion
- Tuesday, June 27, 2023, 7:13
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The private investment company of Hong Kong’s billionaire Cheng family, Chow Tai Fook Enterprises, proposed on Tuesday a buyout of up to HK$35.5 billion ($4.5 billion) for NWS Holdings, the infrastructure arm of the family’s property giant New World Development.
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