18.12.2013 - NWS to purchase Beijing Airport stake from GIC for $304 mln
NWS Holdings Ltd. agreed to buy an 8.8 percent stake in Beijing Capital International Airport Co. from GIC Pte, the Singapore sovereign wealth fund, for about HK$2.36 billion ($304 million). The purchase of 383 million shares at HK$6.15 a share will give the services and transportation unit of Hong Kong’s New World Development Co. a holding of 20.4 percent of the airport operator’s Hong Kong-listed H shares, according to a Hong Kong stock exchange filing...............................................Full Article: Source
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