2019-06-28 14:51:50
Temasek to buy US$300 mil stake in logistics unit: Li & Fung
(June 28): Global sourcing and logistics group Li & Fung on Friday said Temasek Holdings would buy 21.7% of its subsidiary LF Logistics Holdings for US$300 million ($406.2 million), and the proposed spin-off IPO of the unit will be postponed.
Hong Kong’s Li & Fung, which supplies clothing...