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
Topic |
Mergers & Acquisitions
SF Holding operates SF Express in mainland China and Hong Kong. Photo: Bloomberg