New York Stock Exchange on Tuesday, July 21, 2020. Photo: AP
Son, Drahi and Hong Kong tycoons line up to take unloved companies private amid volatile markets and vocal shareholders
- Billionaire owners from Japanese tycoon Masayoshi Son to French media magnate Patrick Drahi are looking at removing their crown jewels from the spotlight of public markets
- In Hong Kong, tycoon Peter Woo and the Fung family have both completed the privatisation of their companies this year
New York Stock Exchange on Tuesday, July 21, 2020. Photo: AP