CDH Investments Reduces Stake in WH Group via Distribution in Kind to Investors (Asia)

Source: WH Group

China-focused private equity firm CDH Investments has partially exited its stake in China-based pork producer WH Group via a distribution in kind to applicable investors of 537.2 million shares representing a 3.7 percent stake in the company. The shares are worth approximately HKD3.36 billion (approximately US$433 million). CDH continues to hold a 9.3 percent stake in WH Group.