April 16, 2012 / 9:06 AM / 6 years ago

DE Shaw, PAG among investors in Haitong's Hong Kong offer-IFR

HONG KONG, April 16 (Reuters) - Eleven cornerstone investors pledged $580 million as cornerstone investors in Haitong Securities Co Ltd’s up to $1.8 billion Hong Kong offering, IFR reported on Monday, citing two sources with direct knowledge of the plans.

Pan-Asia private equity firm PAG agreed to buy $300 million worth of shares in the deal, said IFR, a Thomson Reuters publication. Other investors include New York-based DE Shaw & Co Ltd, Japan’s SBI Holdings and Dah Sing Bank. (Reporting by Fiona Lau and Jing Song; Writing by Elzio Barreto; Editing by Matt Driskill)

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