BRIEF-S.F. Holding To Acquire 8.5% Stake In J&T Global Express For HK$8.3 Billion

Reuters01-15
BRIEF-S.F. Holding To Acquire 8.5% Stake In J&T Global Express For HK$8.3 Billion

Jan 15 (Reuters) - S.F. Holding Co Ltd 002352.SZ:

  • SAYS IT SIGNS DEAL TO ACQUIRE ABOUT 8.5% STAKE IN J&T GLOBAL EXPRESS LTD FOR ABOUT HK$8.3 BILLION ($1.06 billion)

  • SAYS TO ISSUE 225.9 MILLION NEW H-SHARES TO J&T GLOBAL EXPRESS AT HK$36.74 PER SHARE

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Further company coverage: 002352.SZ

($1 = 7.7966 Hong Kong dollars)

(Reporting by Beijing Newsroom)

((Ethan.Wang@thomsonreuters.com;))

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