Shanghai-listed Fuyao Glass plans to raise up to $950 million in HK offer: IFR
HONG KONG (Reuters) - Chinese automotive glass maker Fuyao Glass Industry Group (600660.SS) plans to raise up to $950 million in a Hong Kong stock offering, IFR reported on Monday, citing people familiar with the plans.
The Shanghai-listed company plans to offer about 439 million new shares in an indicative range of HK$14.80 to HK$16.80 each, putting the total deal at up to HK$7.38 billion ($950.48 million), added IFR, a Thomson Reuters publication.Fuyao Glass, whose customers include General Read more [...]