雷士照明(02222.HK)拟55.59亿元出售中国业务将派38亿港元特别股息
格隆汇8月11日丨雷士照明(02222.HK)公布，于2019年8月10日，该公司、耀能控股、控股公司、买方Brilliant Lights Investment Pte. Ltd.（由KKR间接拥有）及KKR订立购股协议，该公司及耀能控股有条件同意出售目标公司（惠州雷士、蔚蓝芯光及珠海耀辉）100%股权，而对目标公司100%股权的估值为人民币55.59亿元人民币。目标集团主要从事雷士照明中国业务。
于交割时，买方将收购各目标公司的全部已发行股本。作为代价，买方将向该公司支付人民币46.1亿元且控股公司（由KKR间接拥有）将向该公司发行按悉数摊销基准计算的占控股公司已发行股本总额30%的控股公司新普通股（余下70%将由KKR持有）。
进行出售事项之前，公司直接及透过耀能控股间接持有目标公司100%股权。交割后，公司及KKR将分别间接持有目标公司权益总额中的30%及70%。
根据目标集团的未经审核财务资料，目标集团于2018年12月31日录得未经审核资产净值约人民币23.56亿元。目标公司于2017年度及2018年度分别溢利3.94亿元及3.57亿元。
公司称，出售事项是该公司业务优化策略的一环。于出售事项后，保留集团将主要从事(i)中国保留业务；(ii)中国ODM业务；及(iii)国际业务。保留集团亦可能与KKR达成协议将其业务扩展至以雷士品牌在中国生产、销售及分销若干家用非照明产品及系统。国际业务方面，该公司预期将从出售事项收到不少于人民币8.79亿元的净现金收入（经扣除特别股息、交易成本及税项），将用于对该公司国际业务作进一步投资。
该集团目前正在东亚建立LED照明产品生产线。此外，本公司拟透过并购扩展国际业务。该公司正考虑收购经营照明品牌及专注于欧洲或美国的企业间模式的收购目标。该公司预期中国保留业务及中国ODM业务将保持稳定。
此外，交割后，该公司将能够回报股东金额为约38亿港元的特别股息。仅特别股息金额一项即占该公司全部市值的129%。经出售事项并作出特别股息后，该公司仍将保留控股公司及目标业务的30%权益。
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