Dali Foods Group Chairman & Founder Xu Shihui Launches Offer to Take $6 Billion Company Private via Personal Investment Company Rongshi International, Personal Fortune at $7.3 Billion
7th July 2023 | Hong Kong
Dali Foods Group Chairman & founder Xu Shihui has launched an offer to take the $6 billion company private at HKD 3.75 (27/6/23 announced with premium of 38% over last closing price) via his personal investment company Rongshi International, with his current personal fortune estimated at around $7.3 billion. Xu Shihui & family (Wife Chen Liling & Daughter Xu Yangyang) owns 85% of Dali Foods Group through Divine Foods and 3.9% in equity-awards. Fujian Dali Group was founded in 1992 and in 2015, the group IPO in Hong Kong and raised $1.3 billion (Initial Public Offering). Dali Foods Group is one of China leading snack & beverage-maker.
“ Dali Foods Group Chairman & Founder Xu Shihui Launches Offer to Take $6 Billion Company Private via Personal Investment Company Rongshi International, Personal Fortune at $7.3 Billion “
Dali Foods Group Chairman & Founder Xu Shihui Launches Offer to Take $6 Billion Company Private via Personal Investment Company Rongshi International
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