Conglomerate Jardine Matheson offers to buy rest of group unit for $5.5b

Conglomerate Jardine Matheson offers to buy rest of group unit for $5.5b

Photo by Duy Nguyen on Unsplash

Jardine Matheson Holdings Ltd on Monday said it plans to buy the remaining 15% of Jardine Strategic Holdings Ltd that it does not already own for about $5.5 billion to simplify the structure of the sprawling Asian conglomerate.

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