Li & Fung in $564 million deal to privatise IDS

Li & Fung aims to consolidate its affiliate logistics company Integrated Distribution Services to further strengthen its China position and its distribution capabilities.
August 16, 2010

Li & Fung will take private its affiliate Integrated Distribution Services Group (IDS) via a scheme of arrangement for an outlay of up to HK$4.4 billion ($564 million).

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