December 7, 2018 / 3:39 AM / 12 days ago

REFILE-China's Fosun Tourism raises $428 million in Club Med HK IPO -sources

(Adds attribution to headline)

HONG KONG, Dec 7 (Reuters) - China’s Fosun Tourism Group has raised $428 million in its Club Med holiday business initial public offering (IPO), pricing shares at the bottom of a marketed range, people close to the deal said.

Fosun Tourism, part of conglomerate Fosun International Ltd , sold 214.2 million shares at HK$15.60 ($2.00) each, the people said, the bottom of an indicative range of HK$15.60 to HK$20.00. ($1 = 7.8121 Hong Kong dollars) (Reporting by Julia Fioretti; Editing by Christopher Cushing)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below