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Temasek to buy US$300 mil stake in logistics unit: Li & Fung

Samantha Chiew
Samantha Chiew • 2 min read
Temasek to buy US$300 mil stake in logistics unit: Li & Fung
(June 28): Global sourcing and logistics group Li & Fung on Friday said Temasek Holdings would buy 21.7% of its subsidiary LF Logistics Holdings for US$300 million ($406.2 million), and the proposed spin-off IPO of the unit will be postponed.
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