Club Med Owner Shares Jump 83% After HK Take-Private Offer [Yahoo! Finance]
FOSUN INTL LTD UNSP/ADR (FOSUY)
NASDAQ:AMEX Investor Relations:
ir.fosun.com
Company Research
Source: Yahoo! Finance
to buy back shares from minority holders as it seeks to boost growth as a private company. Most Read from Bloomberg Brace for a Nationwide Shuffle of Corporate Headquarters Cloud Computing Tax Threatens Chicago's Silicon Valley Dream San Francisco, Paris Named Best Cities for Urban Transportation A Chicago Skyscraper Cements the Legacy of a Visionary Postmodern Architect DC Business Leaders Welcome Return-to-Office Policy Under Trump Share prices surged as much as 83% after Fosun Tourism resumed trading on Wednesday. The firm proposed to buy back the remaining shares that Fosun Group doesn't own and withdraw from its public listing in Hong Kong, according to an exchange filing on Tuesday that confirmed an earlier Bloomberg News report. The cancellation price is HK$7.8 ($1) per share, representing a premium of about 95% to its last closing price on Nov. 26, the day before trading was suspended. Fosun Tourism's biggest shareholder is Fosun International Ltd., which holds
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News
- Fosun International Ranks Top 5% in S&P Global's CSA among Global PeersPR Newswire
- Fosun International Ranks Top 5% in S&P Global's CSA among Global PeersPR Newswire
- Fosun International Awarded TVB's Highest Honor "Outstanding ESG Award"PR Newswire
- Fosun International Awarded TVB's Highest Honor "Outstanding ESG Award" [Yahoo! Finance]Yahoo! Finance
- Fosun International Awarded TVB's Highest Honor "Outstanding ESG Award"PR Newswire