Cheung Kong Property Acquires Reliance Home Comfort

Posted on 04/03/2017

Billionaire Li Ka-Shing, through his company Cheung Kong Property Holdings Ltd., is boosting investments in Canada. The Li family trust is the biggest shareholder in Cheung Kong Property Holdings, which through a subsidiary called CKP (Canada) Holdings Ltd. acquired Reliance Home Comfort L.P. from Alinda Capital Partners LLC for C$ 2.82 billion (US$ 2.1 billion). […]