Jardine Matheson on Monday said it planned to acquire the 15% of Jardine Strategic it doesn’t own for US$5.5 billion in cash, representing US$33 per share.
Opposition from minority shareholders to a restructuring effort by the Jardine Group is growing, with some investors considering going to court over its plan to buy out a London and Singapore-listed unit for what they say is a US$1 billion ($1.34 billion) discount.
