Hong Kong's HKBN receives potential buyout proposal from China Mobile

Reuters

2024/11/20

Nov 20 (Reuters) - Hong Kong telecommunications company HKBN Ltd 1310.HK said on Wednesday it has received a non-binding proposal from state-owned China Mobile 600941.SS for a possible takeover of the broadband firm.

(Reporting by Rajasik Mukherjee and Roshan Thomas in Bengaluru; editing by Alan Barona)

((Roshan.Thomas@thomsonreuters.com))

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