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Hutchison announces final consideration for sale of HGC unit

Thursday 28 December 2017 | 21:07 CET | News
Hutchison Telecommunications Hong Kong has announced the final consideration for the sale of its Hutchison Global Communications (HGC) unit. The closing of the transaction took place on 3 October and the estimated price of HKD 14.4 billion paid by the purchaser. Under the purchase agreement, Hutchison Telecommunications Hong Kong said this price would be adjusted following closing to take into account the external debt, cash, working capital and capex spend as at the closing statement date.

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Categories: Fixed
Companies: Hutchison Global Communications / Hutchison Telecommunications
Countries: Hong Kong
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