What do you get when you cross three conglomerates? Answer: a bigger conglomerate. And no, that’s not funny. Yesterday, Hong Kong-listed Citic Limited, a Chinese state-owned enterprise, announced the sale of a fifth of itself. The stake, made up of old and new shares, will be priced at HK$13.80 per share, or more than $10bn. The buyer, CT Bright, is a joint venture of Tokyo-listed conglomerate Itochu and Thailand’s privately owned Charoen Pokphand Group. Each company owns half of the joint venture, and the two have small stakes in each other.
當你將三家企業集團攪合在一起的時候，你會得到什么？答案是，一家更大的企業集團。哦不，這并不好笑。昨日，在香港上市的中國國企中信股份(Citic Limited)宣布出售自己五分之一的股份。這些股份包括現有股份和新發股份，定價為每股13.80港元，總額則超過100億美元。買家正大光明(CT Bright)是由在東京上市的企業集團伊藤忠(Itochu)與泰國私有企業正大集團(Charoen Pokphand Group)組建的合資企業。伊藤忠和正大各持有正大光明50%的股份，且彼此持有對方少數股份。