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21.05.26 - 11:36
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′No ParknShop sale′: Li Ka-shing′s CK Hutchison rules out supermarket merger with Wellcome (SCMP)
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CK Hutchison Holdings, one of the flagship companies of billionaire Li Ka-shing, has no plans to sell ParknShop in Hong Kong to one of its largest competitors, according to a senior executive of the supermarket chain's owner and operator.
“There is really no such plan to sell ParknShop,” said Dominic Lai, group co-managing director of CK Hutchison, responding to a question at the company's annual general meeting on Thursday.
The group had been reported to be in talks with Jardine Matheson about......
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12.05.26 - 01:00
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′Art of the deal′: UK telecoms exit fits Li family′s trademark timing for selling at top (SCMP)
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CK Hutchison Holdings' shares climbed to their highest level since 2020 after the conglomerate announced plans to exit the UK mobile market, signalling that investors believe the Li family may once again have timed an industry peak before the broader market.
Shares rose about 12 per cent to HK$73.30 on Monday from the May 5 close, after the company said it would sell its 49 per cent stake in VodafoneThree for US$5.8 billion. CK Hutchison said the disposal was expected to generate a gain of about......
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06.05.26 - 11:48
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CK Hutchison′s VodafoneThree exit sparks dividend speculation – but analysts are split (SCMP)
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CK Hutchison Holdings' disposal of its investment in UK's biggest mobile phone operator has spurred speculation that the Li Ka-shing family-controlled conglomerate may channel part of the investment gain into dividends for shareholders.
The sale of its 49 per cent stake in VodafoneThree would fetch a net gain of HK$4.7 billion (US$600 million), and if CK Hutchison reserved 40 per cent of the proceeds for payouts – as it has done on similar occasions – it would boost dividends by HK$0.50 per......
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05.05.26 - 09:54
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Vodafone to take full control of UK mobile operator in £4.3bn deal (The Guardian)
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Hong Kong conglomerate CK Hutchison agrees to sell 49% stake as it attempts to reshape its portfolioBusiness live – latest updatesVodafone is to take full control of the UK's biggest mobile operator in a £4.3bn buyout deal with the Hong Kong conglomerate CK Hutchison.Billionaire Li Ka-shing's business said it had agreed to sell its 49% stake in VodafoneThree – a network with more than 27 million subscribers – to its partner Vodafone. Continue reading......
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05.05.26 - 07:30
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CK Hutchison exits UK′s largest mobile network operator VodafoneThree in £4.3 billion deal (SCMP)
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CK Hutchison Holdings said on Tuesday it had agreed to exit its 49 per cent stake in UK mobile operator VodafoneThree, in a £4.3 billion (US$5.82 billion) deal that will see it fully divest from the country's largest mobile network by subscribers.
The transaction underscores a major shift for the Hong Kong-listed conglomerate, whose telecoms unit CK Hutchison Group Telecom Holdings (CKHGT) holds the stake, as it monetises its investment in a business with more than 28 million customers in the......
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05.05.26 - 06:30
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CKH HOLDINGS to Sell Entire 49% Stake in VodafoneThree for HKD45.494B (AAStocks)
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CKH HOLDINGS (00001.HK) announced that its wholly-owned subsidiary, CK Hutchison Group Telecom Holdings Limited (CKHGT), has agreed to dispose of its entire equity interest in its UK telecommunications business, VodafoneThree. Vodafone Group Plc holds a 51% stake in the business, while CKHGT holds 49%.The transaction is subject ......
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