
Hong Kong retail tycoon offers to privatise Dickson Concepts in US$141 million deal
Hong Kong tycoon Dickson Poon is seeking to take his flagship company Dickson Concepts (International) private as he delivered a dire assessment of the city’s ailing retail industry. The businessman, who controls 60.5 per cent of the company, offered HK$7.20 a share in cash to buy the remaining 39.5 per cent stake for a total…