PE-backed ESR relaunches Hong Kong IPO
Pan-Asian logistics and fund management platform ESR has relaunched a Hong Kong IPO that was pulled in June amidst unrest in Hong Kong and concerns about the valuation.
The company’s revised offering has the same pricing terms as the earlier one – a range of HK$16.20-17.40 per share, according to a statement – but it plans to sell 653.7 million shares, up from 560.7...
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