HK-listed ESR Group receives privatisation offer at $13 per share
Shareholders can choose to receive a cash consideration.
Hong Kong-listed ESR Group received a privatisation offer from a consortium including Starwood Capital Group and Warburg Pincus at $13 per share, according to a bourse filing.
Under the proposal, shareholders can choose to receive a cash consideration, roll their shares into the future private company, or both.
Scheme shareholders may elect a cash alternative, a share alternative that includes one equity share per share, or a mix of cash and shares in a proportion of their choosing.