I Squared Capital Is Said to Begin Due Diligence Work on HKBN

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I Squared Capital Is Said to Begin Due Diligence Work on HKBN

Bloomberg12-11

(Bloomberg) -- I Squared Capital has started due diligence on Hong Kong-listed HKBN Ltd., people familiar with the matter said, as the US private equity firm gears up to potentially make a formal ...

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I Squared’s approach could be at HK$5 to HK$6 per HKBN share, people familiar with the matter have said.HKBN’s shares have climbed 49% this year, giving the company a market value of HK$6.8 billion ($877 million).©2024 Bloomberg L.P.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":0,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}