Hong Kong-listed ESR Group received an offer from a consortium including Starwood Capital Group and Warburg Pincus to take it private, valuing the real estate firm at HK$55.19 billion ($7.09 billion), the company said in a statement on Wednesday.
($1 = 7.7838 Hong Kong dollars)
(Reporting by Roshan Thomas & Sherin Sunny in Bengaluru; Editing by Abinaya Vijayaraghavan and Vijay Kishore)
((Sherin.Sunny@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.