To the Moon YOLOOP何時我的第一桶金:
ESR privatised should benefit ST According to market news, the US Warburg Pincus Investment Group (Warburg Pincus) is leading a consortium to privatize ESR, its logistics platform listed in Hong Kong. According to the rumor, the ESR board has received an official tender from the consortium to privatize ListCo for $7-80 billion. Based on ESR's current market capitalization, the potential privatization premium is around 40% to 60%. Rumors also indicated that the board of directors had agreed to proceed. The deal is largely funded. The transaction is expected to close in the second half of 2024.