bullishGiordano International
Giordano (709 HK): Cheng Family's Underwhelming Offer
Event-Driven564 Views, 24 Jun 2022 09:05
EXECUTIVE SUMMARY
- The Cheng family has made a voluntary conditional Offer of $1.88/share for Giordano International (709 HK).
- The Cheng's (and concert parties) control 24.57%. The Offer is conditional on the family getting to more than 50% via tendering.
- The intention is to maintain Giordano's listing. The Offer Price has not been declared final.