Articles tagged with: Richard Li and Citigroup

Hong Kong Group Assumes Controlling Stake In PCCW

HONG KONG (Dow Jones) - The takeover battle for Hong Kong telecom company PCCW came to a close late Monday after Chairman Richard Li agreed to sell control of the company to a private investment group headed by a veteran Hong Kong banker, effectively ending the hopes of two overseas private equity groups seeking to acquire blue-chip telecom and internet assets on China's doorstep. more

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