Italy probes CK Hutchison unit on tax in 3.4 bln euro asset sale, Bloomberg News reports

Reuters

2024/12/20

Dec 19 (Reuters) - CK Hutchison Holdings's 0001.HK Italian telecommunications unit is the target of a probe alleging that it evaded taxes during a 3.4-billion-euro ($3.52 billion) asset sale to Cellnex Telecom SA CLNX.MC, Bloomberg News reported on Thursday.

($1 = 0.9647 euros)

(Reporting by Urvi Dugar; Editing by Alan Barona)

((UrviManoj.Dugar@thomsonreuters.com))

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