The long rumored news of Blackstone's acquisition of SOHO China finally landed today. On the evening of June 16, SOHO China responded and announced that Blackstone had issued a comprehensive tender offer to acquire the controlling interest of SOHO China. After the completion of the transaction, SOHO China's existing controlling shareholders will retain 9% of the equity.
During the day of June 16, market sources said that Blackstone was close to reaching an agreement to buy SOHO China for about $3 billion. The relevant transaction was announced as early as this week, which would be Blackstone's largest real estate investment in China.
Since March 2020, there has been a lot of talk about Blackstone's privatization of SOHO China. In the evening, SOHO made a formal response from the Chinese side.
SOHO China said that today, Blackstone issued a comprehensive tender offer to invest in SOHO China Co., Ltd. in order to obtain a controlling stake in SOHO China. After the completion of the transaction, SOHO China's current controlling shareholders will retain 9% of the equity, and SOHO China will continue to be listed on the Hong Kong stock exchange.
SOHO China also said that after the completion of the offer, Blackstone plans to maintain the company's existing main business and management team. Blackstone and its current controlling shareholders will support and strengthen the company's business development by combining advantageous resources and expertise.
Beijing daily client reporter learned that at present, Pan Shiyi and his wife hold 63.93% equity of SOHO China.
According to public information, Blackstone Group, founded in 1985, is a leading alternative asset management company and financial consulting service provider in the world. Headquartered in New York, its business fields involve private equity funds, real estate funds, mezzanine funds, etc., and is regarded as one of the most popular fund companies in the market.
Pan Shiyi sells SOHO China
The era of Yang Baiwan that made retail investors excited is gone forever. Its story is legendary under the background of the times. However, a shares are not what they used to be. Institutions have dominated the market of a shares, and mainstream funds h.
Astronauts Nie Haisheng, Liu Boming and Tang Hongbo of the Shenzhou 12 manned spacecraft entered Tianhe core module at 18:48 today (17th) Beijing time, marking the first time that Chinese people have entered their own space station..
Gli pushed the largest employee shareholding plan in history. Dong Mingzhu or subscribed 30% to become the eighth largest shareholder, Gree Electric Appliances issued a notice on the evening of June 20, disclosing the relevant information of the first pha.
Hainan, the first amphibious assault ship, is in the Navy.
Many people envy twins as like as two peas. They are all alike in their lives and learning except for the two children. After growing up, they have a care in their lives and studies. What is more amazing is that they have a high degree of tacit agreement .
People's daily, Beijing, June 25 (Songzi Festival) - sponsored by the central office of information technology, and organized by the network communication bureau of the central office of information technology, China Internet development foundation and CC.
Beijing, Zigong, June 26 (Liu Gang, Jiangshan, Li Yi) - on June 26, the Zigong Dinosaur Museum in Sichuan Province announced to the public that recently, a research team composed of Peng Guangzhao, ye Yong, research librarian of Zigong Dinosaur Museum, Ji.
Xinhua news agency, United Nations, June 25 - Geng Shuang, Deputy Permanent Representative of China to the United Nations, exercised his right of reply at the 31st meeting of States parties to the United Nations Convention on the law of the sea on June 25.
Feng Lin is a 2018 undergraduate in the school of broadcasting and hosting arts of Communication University of China. She is one of the four reciters at the celebration of the 100th anniversary of the founding of the Communist Party of China. On the 2nd, .
At about 17:30 on June 6, the last melon head whale stranded near Toumen port in Linhai, Zhejiang Province was hoisted and transferred. Where will the nine rescued melon whales go? On July 6, according to the local propaganda department, of the nine melon.
Although it's a plant, it has a big appetite. In just 30 minutes, flies, dragonflies, moths and other insects of different sizes have become its "dishes"!.
this is Shenzhen Bao'an Airport in China. The motherland will always be your most powerful support! Welcome back, Ms. Meng!" at this moment, Meng Wanzhou's charter plane is about to arrive at Shenzhen Bao'an airport! Before the plane landed, the t.