Jardine Matheson in Mandarin Oriental take private bid

The proposal values the group at $4.2bn and will involve delisting from the Singapore Exchange. Alibaba and Ant Group have agreed to buy 13 floors of Mandarin Oriental's new Hong Kong office building One Causeway Bay; the group is expanding in Seoul.
October 21, 2025

The Mandarin Oriental has agreed to a proposal made by Hong Kong conglomerate Jardine Matheson on the terms of a recommended cash acquisition by Jardine Matheson. 

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