Charles River-Backed Consortium to Take Frontage Private for $616 Million
A consortium backed by Charles River Laboratories agreed to acquire and privatize Hong Kong-listed Frontage Holdings in a deal valued at about HK$4.83 billion ($616 million), the company said Monday.
A consortium backed by US firm Charles River Laboratories NYSE:CRL has agreed to acquire and privatize Hong Kong-listed Frontage Holdings HKEX:1521 in a deal valued at about HK$4.83 billion ($616 million), the company said on Monday.Here are some more details:($1 = 7.8401 Hong Kong dollars)