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Access here alternative investment news about Telecom Business Of Wharf In Hong Kong Sold To Private Equity Consortium
Private Equity

Telecom Business Of Wharf In Hong Kong Sold To Private Equity Consortium

by scmp.com posted 2years ago 2016 views
The consortium of private equity firms MBK Partners and TPG has agreed to acquire the fixed-line telecommunications business of property giant The Wharf (Holdings) for HK$9.5 billion in cash, beating Hong Kong Broadband Network (HKBN) in a hotly contested bidding.