Henderson Investment raises HK$3bn after buyout fails

20 Apr 2006

Henderson Investment, an investment arm of Hong Kong's third largest property developer Henderson Land Development, raised HK$3.12bn ($402m) on Tuesday in a top-up placement that was priced at a 7.2% discount and diluted the parent company's control to about 68%.

Led by Credit Suisse, the deal was the largest ...

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