Haitong Securities offers $436.7m to take its Hong Kong unit private

Haitong Securities offers $436.7m to take its Hong Kong unit private

REUTERS/Bobby Yip

Haitong International Securities said on Thursday its parent and Shanghai-based Haitong Securities has made a HK$3.42 billion ($436.66 million) offer to take the Hong Kong-listed unit private and take full control of the firm.