UK pub operator Greene King agrees to 2.7 billion pounds Hong Kong offer
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(Reuters) - British pub operator Greene King has agreed to a 2.7 billion pounds cash bid from a Hong Kong-listed company founded by the territory's richest man, which said it was seeking to increase its presence in Britain.The offer from CK Asset , whose founder Li Ka-Shing ranks among Asia's best-known entrepreneurs, values the brewer of Old Speckled Hen and Abbot Ale at 850 pence per share, a premium of about 51% to its Friday's close of 563 pence. CKA already owns a near 3% stake in Greene..