2 Firms Steer $4.2B Mandarin Oriental Buyout

By Al Barbarino ( October 17, 2025, 2:57 PM EDT) -- Hong Kong-based conglomerate Jardine Matheson Holdings Ltd. said Friday it will acquire the remaining 11.96% of Mandarin Oriental International Ltd. that it does not already own, valuing the luxury hotel operator at about $4.2 billion....

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