Shanghai Jin Jiang to Pay $1.13b-$1.43b for Groupe du Louvre
2015-01-14 13:57:41.455 GMT
By Bloomberg News
(Bloomberg) -- Co. to pay 960m euros-1.21b euros, depending
on factors including valuation report, further talks, according
to statement dated today.
* Co. to pay at least 30% of consideration from own funds
* Co. to use bank loans to finance balance of purchase
* NOTE: Jin Jiang said in Nov. that it signed pact with
Starwood to buy Louvre Group
Link: http://tinyurl.com/pd5l3w3
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To contact Bloomberg News staff for this story:
Jing Yang in Shanghai at +86-21-6104-3052 or
jyang251@bloomberg.net
To contact the editors responsible for this story:
Joshua Fellman at +1-212-617-8042 or
jfellman@bloomberg.net
2015-01-14 13:57:41.455 GMT
By Bloomberg News
(Bloomberg) -- Co. to pay 960m euros-1.21b euros, depending
on factors including valuation report, further talks, according
to statement dated today.
* Co. to pay at least 30% of consideration from own funds
* Co. to use bank loans to finance balance of purchase
* NOTE: Jin Jiang said in Nov. that it signed pact with
Starwood to buy Louvre Group
Link: http://tinyurl.com/pd5l3w3
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact Bloomberg News staff for this story:
Jing Yang in Shanghai at +86-21-6104-3052 or
jyang251@bloomberg.net
To contact the editors responsible for this story:
Joshua Fellman at +1-212-617-8042 or
jfellman@bloomberg.net