Report: CK Hutchison and Telecom Company Iliad Explore Merging Italian Operations
5 day ago / Read about 0 minute
Author:小编   

According to reports citing three unnamed sources familiar with the matter, Hong Kong-based conglomerate CK Hutchison Holdings Limited is engaged in preliminary discussions with French telecom operator Iliad regarding a potential merger of their Italian operations. The independent valuation of Iliad's Italian business may exceed €3 billion, and the transaction involving CK Hutchison's Italian subsidiary, Wind Tre, could potentially proceed in the form of a joint venture.

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