Korea’s largest conglomerate creates a linear shareholding structure under Samsung C&T after two affiliates sold their last batch of shares in the company in a $833 million block trade.
James Packer's Crown Resorts left with a residual stake in Melco Crown Entertainment after completing two separate equity transactions in the public and private markets.
Three private equity investors sold their holdings in the South Korean semiconductor company but the deal priced at the bottom end of the targeted range.
The sale, which was priced at a 10.4% discount, comes four months after the Philippine casino operator fired its GGAM-appointed COO. Separately, a group of founders raises $75 million from the sale of shares in chain restaurant operator Tsui Wah.
The tightly priced deal receives strong support from the Malaysian bank’s existing shareholders despite requiring investors to shoulder quite a lot of market risk.