Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
CKH Reportedly Mulling Merger of Italian Telecom Biz with France's Iliad
Recommend 13 Positive 20 Negative 8 |
||||
|
||||
|
CKH HOLDINGS (00001.HK) is weighing the potential merger of its Italian telecom division, Wind Tre, with the Italian operations of French telecom group, Iliad, Reuters reported, citing sources. To further consolidate the Italian telecom market, the two companies conducted preliminary consultations regarding a possible transaction, sources divulged. Iliad's Italian business purportedly has an independent valuation potentially exceeding EUR3 billion (USD3.5 billion), and the transaction may be structured as a joint venture. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
