Brief: Soho China Says Got Voluntary Conditional Cash Offer From Two Cities Master Holdings

SOHO China

16/06/2021 12:48

June 16 (Reuters) - Soho China Ltd  0410.HK :
    * PRE-CONDITIONAL VOLUNTARY CONDITIONAL CASH OFFER BY
GOLDMAN
SACHS (ASIA) L.L.C. ON BEHALF OF TWO CITIES MASTER HOLDINGS
    * CONSIDERATION OF OFFER FOR EACH SHARE HK$5.00 IN CASH
    * OFFEROR TWO CITIES INTENDS TO FINANCE CONSIDERATION WITH
EQUITY
COMMITMENTS FROM PARTICIPATING FUNDS
    * EACH OF PARTICIPATING FUNDS IS ULTIMATELY CONTROLLED BY
BLACKSTONE GROUP INC
    * OFFEROR INTENDS TO MAINTAIN LISTING OF SHARES ON STOCK
EXCHANGE
AFTER CLOSE OF OFFER
    * APPLICATION HAS BEEN MADE BY CO FOR RESUMPTION OF TRADING
IN
SHARES FROM 17 JUNE
    * BOYCE LIMITED & CAPEVALE LIMITED (BVI) HAVE IRREVOCABLY
UNDERTAKEN TO ACCEPT OFFER IN RESPECT OF AGGREGATE OF 2.86
BILLION SHARES

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS2dwq6p
Further company coverage:  0410.HK 

 (Reuters.Briefs@thomsonreuters.com)