HK-listed ESR Group receives privatisation proposal from investor group

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HK-listed ESR Group receives privatisation proposal from investor group
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pstrongThe process is currently at the preliminary stage./strong/p pHong Kong-listed ESR Group Limited announced it has received a proposal to privatise from a consortium of investors formed by Starwood Capital Operations, L.L.C., Sixth Street Partners, LLC, and SSW Partners LP.

Hong Kong-listed ESR Group Limited announced it has received a proposal to privatise from a consortium of investors formed by Starwood Capital Operations, L.L.C., Sixth Street Partners, LLC, and SSW Partners LP.

Reports have earlier said that a group of financial investors are planning a privatisation deal for Warburg Pincus-backed ESR Group. ESR Group said the consideration of the proposal is at the preliminary stage. Therefore, there is no certainty that this will lead to an offer, it added.

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