Hong Kong's Haeco surges after parent Swire's $382m buyout offer

Hong Kong's Haeco surges after parent Swire's $382m buyout offer

Hong Kong Aircraft Engineering Co. Ltd. (HAECO) ground staff wait for an aircraft to arrive at a gate at Hong Kong International Airport in Hong Kong, China, on Monday, Nov. 3, 2014. Photographer: Brent Lewin/Bloomberg

Hong Kong Aircraft Engineering Co., a unit of Swire Pacific Ltd., jumped the most on record after the parent said it plans to pay a 64 percent premium for shares it doesn’t own, giving small investors an opportunity to exit after trading languished at minuscule volumes.

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