CDH makes another partial exit from WH Group
CDH Investments has completed its third partial exit from WH Group in nine months, generating proceeds of HK$5.78 billion ($743 million) and reducing its holding in the Chinese pork producer to 3.24%.
The company said in a filing that CDH sold 883.5 million shares for HK$6.55 apiece, a 5.9% discount to the May 19 closing price. WH’s stock was trading at HK$6.85, down 1.58%, as of early trading on...
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