#luxuryhospitality #brandstrategy | Carrie Zhao
🛠 Hong Kong’s Jardine Matheson takes Mandarin Oriental private in a $4.2 billion deal. In 2025, Jardine acquires the remaining 11.96% shares, partly funded by a $925 million sale of One Causeway Bay property to Alibaba and Ant Group. This transaction results in a $252 million net cash surplus for Jardine. The privatization supports Mandarin Oriental’s plan to double its portfolio and expand in luxury residentials.
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