Li & Fung’s transformation ‘will be more effectively implemented away from the public equity markets’, CEO Spencer Fung says. Photo: Nora Tam

Hong Kong’s Fung family, GLP Group offer to privatise global supply chain manager Li & Fung at 150 per cent premium

  • The Fung family’s offer is worth HK$7.2 billion
  • It has teamed up with Singapore’s GLP Group, which will buy all shares the family does not currently own
Topic |   Li & Fung

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Li & Fung’s transformation ‘will be more effectively implemented away from the public equity markets’, CEO Spencer Fung says. Photo: Nora Tam
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