News / Li & Fung Logistics IPO put on hold as Singapore's Temasek injects US$300m

28/06/2019

The proposed initial public offering (IPO) of Hong Kong sourcing giant Li & Fung’s logistics unit has been put on hold, following a US$300m investment from Singapore sovereign wealth fund Temasek.

Temasek is taking a 21.7% stake in LF Logistics in a deal which values the ...

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