Huiyuan Juice Stock transfer price is not clearly suspected "mysterious buyers" secretly to buy

Source: Internet
Author: User
Keywords Transfer of stock equity transfers Huiyuan Juice best-performing fund stock change
After each journalist Li Lingxia Coca-Cola's takeover of Huiyuan juice, the European and American investment firms that have invested a big gamble have abandoned Huiyuan, and the US private equity fund, Warburg Pincus, and Royal Bank of Scotland have disappeared in the list of Huiyuan's major shareholders. It is noteworthy that a large share transfer is likely not through the two-tier market, perhaps a "mysterious buyer" over-the-counter secret agreement to take over. Several global private equity funds, including Blackstone, Carlyle and the Texas Pacific Group, have previously expressed interest in acquiring minority stakes in Huiyuan juice.   Unified, Pepsi-Cola, such as the big head of the beverage industry is also the target of market speculation, in the end who secretly bought Huiyuan? When Coca-Cola's takeover of Huiyuan Juice (01886,HK) failed, investors who had been gambling on the stock's rise last year dumped Huiyuan shares.  And the reporter learned that the Huiyuan before the listing of the U.S. private equity fund has been a stake in the recent withdrawal of investment in Huiyuan Juice, became Huiyuan after the first comprehensive withdrawal of Huiyuan juice major shareholders.  Warburg Pincus Fund officially withdrew it is reported that Warburg Pincus has abandoned the exercise of options, not to its holdings of Huiyuan juice convertible bonds into Huiyuan Juice 7% stake. It is understood that as early as February 2007 Huiyuan Juice officially landed on the listing of HKEx, the Warburg Pincus Fund and France Danone and other institutions to Huiyuan juice has been the basic investment. Data show that in July 2006, the Warburg Pincus Fund, the French Danone, ABN Amro and the Hong Kong Equity fund invested 222.5 million of dollars in Huiyuan juice to buy a 35% per cent stake in Huiyuan. Among them, the investment of Warburg Pincus is 65 million U.S. dollars, accounting for Huiyuan Juice 7.25% of the equity.  If Coca-Cola buys Huiyuan juice, it will undoubtedly benefit base investors, including Warburg Pincus. reported that, according to the people familiar with the matter, said that Warburg Pincus withdrew to Huiyuan investment was arranged by Royal Bank of Scotland, in 2007, the convertible bonds to the bank.  The option to convert the bonds to common stock expired in May this year, and RBS then sold the bonds it held in the market.  In fact, from the disclosure of the rights and interests of the Hong Kong Stock Exchange, the description of the person is fully in line with the disclosure of the recent equity movements of Huiyuan juice by the Hong Kong stock Exchange. The equity disclosure of the SEHK shows that May 19, 2009, Warburg Pincus invested a large number of shares of about 98.98 million shares of Huiyuan Juice, its share of Huiyuan juice from 7.24% to 0.24%, and on that day, RBS appeared in the list of Huiyuan juice, the data show that  The bank has taken down the ping ' an venture to reduce all the shares.  In the latest figures released by the SEHK on May 22, Royal Bank of Scotland sold all of its Huiyuan shares, and Warburg Pincus lost in the list of Huiyuan's big shareholders. In fact, from last week's Huiyuan Juice released a personnel change, we can already see the stock changeSome inkling. June 3 Huiyuan Juice announced that Chang Sun resigned as a non-executive director of the company for other duties and will no longer serve as a member of the Board's financial management and audit Committee and the Strategy and Development Committee since June 3, 2009.  The Chang Sun, the managing director of Warburg Pincus's Hong Kong office, is mainly responsible for the investment in the Asian region. The whereabouts of Huiyuan juice stock equity It should be noted that in the SEHK's disclosure, the transfer of shares in the capital and RBS was not shown in the share price. According to the law of Hong Kong market, this part of the stake is likely not through the two-tier market transfer, but has already been taken.  However, the reporter was surprised that in the Hong Kong stock exchange for Huiyuan's equity disclosure, did not show the purchase of Warburg Pincus and RBS holdings of this part of the shares of shareholders. In fact, since the takeover of Huiyuan Juice by Coca-Cola has failed to reach China's anti-monopoly law, the news about Huiyuan's share transfer has been on the market.  Huiyuan's chairman, breed, also publicly stated at the company's performance briefing in April that Huiyuan was indeed in contact with potential acquirers. At the end of last month more media reports pointed out that a number of global private equity funds, including Blackstone, Carlyle and the Texas Pacific Group, have expressed interest in acquiring minority stakes in Huiyuan, but because of the higher prices for Huiyuan, and the lack of operating experience in the juice market, these private-equity firms So the deal is facing many difficulties.  In addition, in addition to the above private equity funds, the market for Huiyuan juice stock buyers still have a lot of speculation, including the United, Pepsi-Cola and other engaged in the beverage industry's big head. Huiyuan has no comment on this. Now, the investment has officially withdrawn from Huiyuan Juice, then who is the acceptance of his holdings of this part of Huiyuan's stake?  Yesterday our correspondent contacted Huiyuan Juice President Assistant and spokesperson Chuping, chuping in reply to the reporter's Mail said Huiyuan Juice declined to comment. Affected by the above major shareholder's withdrawal from Huiyuan Juice, Huiyuan's share price performance was weak yesterday, with a downward trend of 8.308% per cent a day and a total of HK $5.96, which ran far off the market.
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.