26.04.2010 - Swire Properties said to seek up to $2.7 bln in share sale
From Bloomberg: Swire Properties Ltd., the biggest commercial landlord in eastern Hong Kong island, plans to raise as much as HK$20.8 billion ($2.7 billion) in an initial public offering, said two people with knowledge of the plan. The unit of Swire Pacific Ltd. plans to raise between HK$18.9 billion and HK$20.8 billion by selling a 13.79 percent stake, according to the people, who declined to be identified because the information is private. Dutch pension fund manager APG Groep NV plans to buy Swire Properties shares worth $200 million, the people said yesterday.........................................Full Article: Source
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