Temasek-backed consortium to take China's ANE private at $1.8 billion valuation

ANE (Cayman)

28/10/2025 15:23

Oct 28 (Reuters) - ANE (Cayman) 9956.HK said on Tuesday a consortium comprising its largest shareholder, Centurium Capital, Singapore's Temasek and True Light have offered to take it private in a deal valuing the transportation and delivery services group at HK$14.33 billion ($1.84 billion).

Under the proposal, shareholders can opt for a cash consideration of HK$12.18 per ANE share or a share alternative, or a combination of both.

 ($1 = 7.7675 Hong Kong dollars)

 (Reporting by Sherin Sunny in Bengaluru; Editing by Savio D'Souza)

 ((Sherin.Sunny@thomsonreuters.com))