CK Hutchison Mulls Telecom Assets Spinoff, London Float, Reuters Says, Citing Sources

Dow Jones

2025/03/28

--CK Hutchison is looking to spin off its telecom assets into a new company and float it on the London Stock Exchange, Reuters reports, citing unnamed sources.

--The Hong Kong listed conglomerate has been in talks with financial advisors over the plan, Reuters says.

--The new company will comprise Hutchison's telecom assets in Europe, Hong Kong and Southeast Asia.

--A spokesperson for CK Hutchison declined to comment, the report says.

Full story: https://tinyurl.com/3fhycwrs

Write to Ian Walker at ian.walker@wsj.com

(END) Dow Jones Newswires

March 28, 2025 07:19 ET (11:19 GMT)

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