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New Deal


Announced

JD.com to acquire a 26.38% of a stake in China Logistics Property Holdings from Yupei International for $513.45m.

Financials

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Transaction Value£373m
Consideration TypeCash
Capital Owned9%
Capital Bid For26%
EV/Sales-
EV/EBITDA-
Share Price Premium7.4%
One Off Charge-

Tags

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Domestic

China

Single Bidder

Private Equity

Public

Friendly

Pending

logistics facility

Minority

Freight Forwarding

Acquisition

Synopsis

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JD.com, a Chinese e-commerce giant, agreed to acquire a 26.38% of a stake in China Logistics Property Holdings, a logistics infrastructure and service provider, from Yupei International, an investment enterprise, for $513.45m. The acquisition will take JD.com's stake in China Logistics Property Holdings to 35.8%, resulting the company to make a buyout offer of a whole company under the Rule 26.1 of Hong Kong Takeover Code.

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