HK's CK Asset offers to buy UK social housing provider for $612 mln

Civitas Social Housing

10/05/2023 02:13

HONG KONG, May 10 (Reuters) - Property developer and
investor CK Asset Holdings Ltd  1113.HK  made a cash offer for
the entire share capital of Civitas Social Housing PLC  CSH.L 
for 485 million pounds ($612.12 million).
    CK Asset, which focuses on cash flow generating businesses
in the property and infrastructure sectors, is offering 80 pence
per share of the London-listed social housing provider, the Hong
Kong listed firm said in a stock exchange filing late on
Tuesday. 
($1 = 0.7923 pounds)

($1 = 7.8489 Hong Kong dollars)

 (Reporting by Donny Kwok; Editing by Muralikumar Anantharaman)
 ((donny.kwok@thomsonreuters.com; +852 2843 6470;))