Consumer goods supplier Li & Fung gets $930m take-private offer

Consumer goods supplier Li & Fung gets $930m take-private offer

The family that founded the world’s largest supplier of consumer goods, Li & Fung Ltd, is trying to take the company private in an HK$7.22 billion ($930 million) deal amid the double whammy of the U.S.-China trade war and the widening coronavirus pandemic.