MBK, TPG to buy Wharf’s telecom business for $1.2b
MBK Partners and TPG Capital have agreed to acquire Hong Kong telecom services provider Wharf T&T from its parent company The Wharf Holdings for HK$9.5 billion ($1.2 billion).
The two investors will buy the assets through a newly established and jointly owned special purpose vehicle, according to a filing. Debtwire reported that the transaction is supported by $550 million in...
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