24 Apr
by Vitaliy Dadalyan
The Hong Kong property developer said it had not intended to make material changes to Greene King’s employees when it bought the company, but has now put over 95% of the pub chain’s staff on furlough due to the coronavirus crisis. CK Asset, founded by Hong Kong’s richest man Li Ka-Shing, bought Greene King for 4.6 billion pounds ($5.69 billion) last year. The changes are expected to be temporary and Greene King intends to end the furlough when appropriate, CK Asset said.
