Blackstone is Offering to Buy Office Operator SOHO China for as Much as HK$23.7 Billion ($3.05 Billion)
Blackstone is offering to buy office operator SOHO China for as much as HK$23.7 billion ($3.05 billion), its biggest investment to date in the real estate market of Asia's largest economy. Blackstone said in a July 28 filing with the Hong Kong Stock Exchange that it would acquire SOHO China for HK$5 per share. The offer represents a 31.6 percent premium to SOHO China's last closing price before the suspension of trading.
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