PAG to exit Haitong Securities via $219m sell-down – report
PAG has reportedly made another partial exit from Haitong Securities, raising about HK$1.7 billion ($219 million) via a private placement.
According to Hong Kong Economic Journal, the GP is expected to sell about 130 million shares within the indicative range of HK$13.24-13.29 a share. The sale is priced at a 3%-3.4% discount to the stock's...
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