Haidilao Shareholders Price Block Trade at 10.62 HKD Per Share, 6.7% Below Tuesday's Close
Deep News
Yesterday
According to transaction documents reviewed by media, shareholder SP NP of Haidilao has raised HK$2.75 billion (US$350.8 million) by offloading 259 million shares in the hotpot chain operator.
The block sale was priced at HK$10.62 per share, representing a 6.7% discount to Tuesday's closing price. UBS served as the sole bookrunner for the transaction.
The placement underscores ongoing shareholder divestment activity in the fast-food sector, with the discount reflecting market conditions at the time of the sale.
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