Swire Properties sell-down

Swire raises $645 million from sale of Swire Properties stake

John Swire & Sons offloads roughly half of its stake in the company, after the stock gains more than 30% since its trading debut in January.
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The East: a recent addition to Swire's hotel interests
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<div style="text-align: left;"> The East: a recent addition to Swire's hotel interests </div>

The Swire group has reduced its shareholding in Swire Properties, raising HK$5 billion ($645 million) by selling roughly half the stake it held in the company through John Swire & Sons (HK).

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