M&A Deal Summary |
|
|---|---|
| Date | 2004-12-06 |
| Target | The Kowloon Hotel |
| Sector | Restaurants |
| Buyer(s) | Swingfield Developments |
| Sellers(s) | Hongkong and Shanghai Hotels |
| Deal Type | Divestiture |
| Deal Value | 1.9B HKD |
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Swingfield Developments Limited a Indirect 50:50 joint venture of Cheung Kong (Holdings) Ltd and Hutchison Whampoa Ltd.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Restaurants) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (China) | 1 of 1 |
| Year (2004) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1866 |
| Sector | Restaurants |
| Employees | 7,695 |
| Revenue | 8.1B HKD (2023) |
Hongkong and Shanghai Hotels is the holding company of a group which is engaged in the ownership, development, and management of prestigious hotels and commercial and residential properties in key locations in Asia, the United States and Europe, as well as the provision of tourism and leisure, club management and other services. Hongkong and Shanghai Hotels was founded in 1866 and is based in Hong Kong, China.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Restaurants) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (China) | 1 of 1 |
| Year (2004) | 1 of 1 |
