SF Holding operates SF Express in mainland China and Hong Kong. Photo: Bloomberg
SF Holding operates SF Express in mainland China and Hong Kong. Photo: Bloomberg

Chinese courier firm SF Holding, Robert Kuok’s Kerry Logistics say US$2.3 billion deal a collaboration, not acquisition

  • If the deal is approved, Kerry Logistics will assume the international operations of the combined group
  • The deal will reduce the shareholding of Robert Kuok’s Kerry Holdings, Kerry Logistics’ largest shareholder from 63.35 per cent to about 32 per cent

SF Holding operates SF Express in mainland China and Hong Kong. Photo: Bloomberg
SF Holding operates SF Express in mainland China and Hong Kong. Photo: Bloomberg
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