SYDNEY, April 20 (Reuters) - Chinese liquor company ZJLD
Group is set to price its Hong Kong initial public offering
(IPO) at HK$10.82 per share, two people with knowledge of the
matter said, in a deal that would see the company raising HK$5.3
billion ($675.2 million).
The company, which accounts for 69.5% of the alcoholic
beverage market in China and is backed by U.S. private equity
giant KKR & Co Inc , was offering about 490.7 million
shares in a price range of HK$10.78 to HK$12.98 each.
ZJLD did not immediately respond to Reuters request for
comment.
($1 = 7.8496 Hong Kong dollars)
(Reporting by Scott Murdoch Editing by Sumeet Chatterjee and
Mark Potter)
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