Latest News for CKHUF
Hong Kong conglomerate CK Hutchison Holdings is unlikely to move ahead with plans to list its global telecoms business, and will focus instead on selling individual assets, three people with knowledge of the matter said.
Vodafone Group will take full ownership of its joint venture with CK Hutchison after the Hong Kong conglomerate agreed to sell its stake in one of the U.K.'s largest mobile operators for more than US$5 billion.
Hong Kong conglomerate CK Hutchison said on Tuesday its telecoms unit has agreed to a buyout of its 49% stake in UK mobile operator VodafoneThree, for 4.3 billion pounds ($5.81 billion).
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