CDH sells WH Group block before lockup expires

Chinese private equity firm breaks lockup by returning to market with a new $806 million deal only two months after its last divestment.

CDH sells WH Group block before lockup expires

CDH Investments made an unexpectedly early return to market with the divestment of roughly one third of its stake in Hong Kong-listed WH Group on Thursday. The private equity firm was back with a HK$6.25 billion $806 million sale only two months after a previous sale of the pork producer’s shares in late August.

At that time, the PE firm raised $900 million from the sale of 1.17 billion shares and agreed...

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