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New Deal


Announced

Viva China to acquire a 49% stake in LionRock Capital for $133m.

Financials

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Transaction Value£111m
Consideration TypeCash
Capital Owned51%
Capital Bid For49%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Acquisition

Hong Kong

Single Bidder

Private Equity

Private

Private Equity

Pending

Majority

private equity

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Synopsis

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Viva China, an investment holding company, agreed to acquire a 49% stake in LionRock Capital, an investment company, for $133m. “In view of the above, the board (including independent non-executive directors) considers that the Acquisition is in the ordinary and usual course of business. The terms of the acquisition are fair and Reasonable and in the interests of the group and the shareholders as a whole,” Viva China

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