Jade Passion to acquire a 13% stake in Yunfeng Financial Group for $203m.

Financials

Transaction Value£150m

Consideration TypeCash

Capital Owned-

Capital Bid For13%

EV/Sales-

EV/EBITDA-

Share Price Premium-

One Off Charge-

Jade Passion

Yunfeng Financial Group

Sources

Tags

Domestic

Acquisition

Hong Kong

Consulting services (excl. IT consulting)

investment banking

Pending

Single Bidder

principal finance

Friendly

consulting services

Diversified Financials

Private

Minority

Synopsis

Jade Passion, a diversified financial firm, agreed to acquire a 13% stake in Yunfeng Financial Group, an investment banking form, for $203m.