In today’s briefing:
- Matheson To Exit Greatview Aseptic
Matheson To Exit Greatview Aseptic
- Shandong Xinjufeng Technology Packaging (301296 CH) is seeking to acquire Jardine Matheson Holdings (JM SP)‘s 28.22% stake in Greatview Aseptic Packaging (468 HK) at HK$2.65/share.
- Greatview is currently suspended “pending the release of an announcement which contains inside information“, suggesting there is no follow on Offer for remaining shares.
- Elsewhere, Matheson has resumed its share repurchase program, providing near-term support.
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