| From Bloomberg: Swire Pacific Ltd., the Hong Kong company with businesses ranging from soft drinks to airlines, plans to hire Goldman Sachs Group Inc., HSBC Holdings Plc and Morgan Stanley to arrange an initial public offering for its property unit, said four people with knowledge of the plan.
The company may spin off Swire Properties Ltd. in a share sale that may raise $2.5 billion to $3 billion next year, said two of the people, who declined to be identified because the information is private...................................Full Article: Source
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