Announced
Synopsis
Ping An Insurance Group, a technology-powered retail financial services group, agreed to acquire a 25% stake in Vivid Synergy, a real estate company, from Sun Hung Kai Properties, a listed corporation and one of the most significant property developers in Hong Kong, for $1.45bn. "The presence of major strategic investors for the project should act as a catalyst in attracting more multi-national corporations and leading financial institutions to move their operations to this landmark project, hence further strengthening the reputation and market position of this project and that of International Commerce Centre as a key business and finance hub both in Hong Kong and the Greater Bay Area," Sun Hung Kai Properties.
Show Details & Financials
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.