ESR Jumps Most on Record Following Consortium Takeover Bid
- Starwood Capital, Sixth Street, SSW Partners in investor group
- ESR shares climb 26% to HK$12.6 in Hong Kong after halt Monday
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ESR Group Ltd. shares climbed the most on record Tuesday after the firm received a non-binding takeover proposal from a consortium of investors, confirming an earlier Bloomberg News report.
ESR surged 26% to close at HK$12.6 in Hong Kong, the highest since Aug. 10.