Victor Li Tzar-kuoi, Chairman and Group Co-Managing Director of CK Hutchison, during a media briefing in Central, Hong Kong in March 2019. Photo: Jonathan Wong Victor Li Tzar-kuoi, Chairman and Group Co-Managing Director of CK Hutchison, during a media briefing in Central, Hong Kong in March 2019. Photo: Jonathan Wong
Victor Li Tzar-kuoi, Chairman and Group Co-Managing Director of CK Hutchison, during a media briefing in Central, Hong Kong in March 2019. Photo: Jonathan Wong
Li Ka-shing

Victor Li pushes Husky Energy into US$18 billion merger with rival Canadian oil producer to help end losses from oil slump

  • Husky Energy to combine with rival oil and gas producer Cenovus to create Canada’s third-largest player to help save cost, end losses
  • CK Hutchison will sell its 40.19 per cent stake in Husky for a 15.7 per cent interest in the merged entity, according to a joint announcement

Topic |   Li Ka-shing
Victor Li Tzar-kuoi, Chairman and Group Co-Managing Director of CK Hutchison, during a media briefing in Central, Hong Kong in March 2019. Photo: Jonathan Wong Victor Li Tzar-kuoi, Chairman and Group Co-Managing Director of CK Hutchison, during a media briefing in Central, Hong Kong in March 2019. Photo: Jonathan Wong
Victor Li Tzar-kuoi, Chairman and Group Co-Managing Director of CK Hutchison, during a media briefing in Central, Hong Kong in March 2019. Photo: Jonathan Wong
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