Property News · March 10, 2020

Soho China, builder of Zaha Hadid’s curves, is in talks with Blackstone in US$4 billion privatisation deal


Soho China Limited, whose curvilinear office buildings gave Beijing’s chessboard cityscape its futuristic skyline, is being taken private in one of the country’s largest privatisation deals. The developer, founded in 1995 by a husband-and-wife team, is in exclusive talks with Blackstone in a US$4 billion deal, Reuters reported, citing people with direct knowledge of the matter. The US private equity group will pay HK$6 per share, almost double Soho China’s average price of HK$3.03 in January,…

Source : South China Morning Post
Read more…Soho China, builder of Zaha Hadid’s curves, is in talks with Blackstone in US billion privatisation deal

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