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  1. Li firms reap HK$1.2b from Priceline sale

    Posted Dec 06th 2006, 12:00am by Staff Reporter

    ... Wong Ka-chun Hutchison Whampoa and Cheung Kong (Holdings), both controlled by Li Ka-shing, have reaped almost HK$1.2 billion by selling their entire stakes in Priceline.com, an online travel service provider listed on the Nasdaq Stock Market. Priceline said Hutchison and Cheung Kong sold a combined 3.8 million shares in the company. The stock closed at US$40.31 on Monday. ...

  2. Orascom wants telecoms unit

    Posted Oct 17th 2006, 12:00am by Staff Reporter

    ... Frederick Yeung Egyptian company in negotiations on acquiring a controlling interest in Hutchison Telecom Orascom Telecom, an Egypt-based telecommunications firm that holds 19.3 per cent of Hutchison Telecommunications International, wants a controlling stake in the Hutchison Whampoa unit, a report said, citing the Orascom chairman. The companies are exploring a closer relationship, ...

  3. Hutchison mulls taking Australian 3G unit private

    Posted May 11th 2006, 12:00am by Georgina Lee

    ... Hutchison Whampoa is planning to take its loss-making Australian mobile unit private just as it becomes the world's only pure 3G telecommunications stock after the planned closure of its 2G network in August. But the lofty status for Hutchison Telecom Australia (HTA) would be earned by default, as Hutchison Whampoa had sought a Euro9 billion ($89.23 billion) valuation ...

  4. Talk of unit's sale lifts Hutchison Telecom

    Posted Dec 19th 2006, 12:00am by Staff Reporter

    ... Frederick Yeung Hutchison Telecommunications International shares rose to a new high yesterday on speculation that its Indian mobile business would be sold soon to private equity funds ... second-largest mobile operator, would partner US-based private equity firm Blackstone Group to offer at least US$14 billion for Hutchison Essar. Hutchison Telecom holds a 67 per cent stake in Hutchison ...

  5. Hutchison values Essar at US$14b

    Posted Dec 28th 2006, 12:00am by Staff Reporter

    ... Frederick Yeung Hutchison Whampoa has set a threshold for potential buyers of its Indian mobile unit, saying that it will only consider bids that value the business at more than US$14 billion. The news came as the conglomerate's listed telecommunications arm, Hutchison Telecommunications International, said last week that several interested parties such as Britain-based ...

  6. Hutchison targets the youth in new pitch for 3G mobile service

    Posted Apr 12th 2006, 12:00am by Staff Reporter

    ... to the new technology. In this sluggish environment, Hutchison Telecom 3 Hong Kong, which has bet the kitchen sink on 3G being the iPod of the mobile-phone world, is trying everything to attract ... a different feeling to the audience, which makes it stand out among other commercials,' Aaron Lau, chief executive of Bravo Asia, the creative agency for Hutchison Telecom, explains to Media Eye. ...

  7. Interest in Essar lifts Hutchison Telecom

    Posted Dec 23rd 2006, 12:00am by Staff Reporter

    ... Frederick Yeung and Wong Ka-chun Shares in Hutchison Telecommunications International rose 3.51 per cent yesterday before the company confirmed it had been approached by various parties ... in Hutchison's Indian operation. The board of Vodafone met on Thursday and agreed to pursue a bid of more than US$13.5 billion for Hutchison Essar. Hutchison Telecom's shares rose 62 HK cents ...

  8. HTIL increases stake in India unit to 67pc

    Posted Jul 01st 2006, 12:00am by Georgina Lee

    ... Georgina Lee Hutchison Telecommunications International Ltd (HTIL) strengthened its control over its Indian mobile flagship, Hutchison Essar, by buying the entire 5.11 per cent stake held by a partner for US$450 million. The acquisition from Hinduja Group would lift HTIL's stake in Hutchison Essar to 67 per cent, it said yesterday. Foreign investors are allowed to own up to 74 per ...

  9. Hutchison 3G Italian unit edges closer to $18b IPO

    Posted Feb 06th 2006, 12:00am by Georgina Lee, Ken Lo

    ... Georgina Lee and Ken Lo Hutchison Whampoa's Italian mobile unit, 3 Italia, has gained listing approval but is still awaiting final clearance from the securities market regulator ... Borsa Italia, the Milan exchange, on Friday said it had approved 3 Italia's application and it would set a time for its debut later. The 91 per cent held 3G mobile unit of Hutchison Whampoa ...

  10. Hutchison surges on talk of 3G disposal

    Posted Dec 16th 2006, 12:00am by Staff Reporter

    ... Frederick Yeung Shares in Hutchison Whampoa rose 2.89 per cent to a one-year high of HK$78.20 yesterday amid rumours the company may be selling its loss-making third-generation mobile-telephone business in Britain and Italy to mainland telecommunications operators. Hutchison touched an intraday record high of HK$80 when the market resumed trading in the afternoon, as the market ...




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