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Race to Become Gree’s Largest Shareholder Narrows to Two

2019年09月03日 20:12 来源于 财新网
Hillhouse Capital and Hopu Investment Management both paid an eye-watering 6.3 billion yuan to be in the running to buy a 15% stake from Gree’s government-backed parent
Gree Group’s stake in air conditioner giant Gree Electric will be priced at no less than 44.17 yuan per share, making the deal worth at least 39.9 billion yuan. Photo: VCG

Of around 25 firms and consortia that had expressed interest in a major stake of Gree Electric, only two remain, as the air conditioner giant inches closer to a deal that has captured the market’s attention for months.

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