I Squared agrees $1.9b deal for Hutchison's fixed-line business
Infrastructure specialist I Squared Capital has agreed to buy the fixed-line telecom business of Hong Kong’s Hutchison Telecommunications, which is controlled by billionaire Li Ka-shing, for approximately HK$14.5 billion ($1.85 billion).
ISQ Global Infrastructure Fund II will take a 100% equity stake in Hutchison Global Communications (HCG) and also assume responsibility for an associated shareholder loan, according to a statement released...
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