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Articles tagged with: Richard Li and Texas
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
Related Tags: pccw, citigroup, china-netcom, netcom
Hutchison's Li Ka-shing Reportedly Set To Bid For PCCW Assets
HONG KONG (Dow Jones) -- Li Ka-shing has put together a private bid for the core media and telecom assets of PCCW Ltd, the blue-chip fixed line and cellular services operator controlled by his son Richard Li, according to Hong Kong press reports Thursday. more
Related Tags: pccw, li-ka-shing, china-netcom, hutchison-telecom, netcom, son
PCCW's Li Says He Hopes To Have A Deal This Month
HONG KONG (Dow Jones) -- PCCW CEO Richard Li said Monday that he hopes that controversial negotiations to sell the Hong Kong company's telecom and media assets will reach a conclusion by the end of July, according to media reports. more
PCCW Sale Showcases Hong Kong's Changing Role
HONG KONG (Dow Jones) -- Business deals are often portraits of their times. more
Related Tags: pccw, li-ka-shing, ibm, lenovo, china-netcom, autonomy, netcom, cable-&-wireless, handover, flu
China Netcom Could Get Up to 50% Of PCCW Assets-Source
HONG KONG (Dow Jones)--US private equity firm Texas Pacific Group is trying to woo PCCW's reluctant Chinese shareholder on a proposed asset sale by saying it could have up to 50% of the deal, a person familiar with the situation said Saturday. more
Related Tags: pccw, li-ka-shing, china-netcom, netcom, cable-&-wireless, son
PCCW Shrugs Off Beijing Opposition To Asset Sale
HONG KONG (Dow Jones) -- Shares of Hong Kong telecom giant PCCW were suspended Thursday morning after briefly soaring amid media reports that a proposed sale of the company's core assets could result in a large dividend payment. more
Related Tags: pccw, li-ka-shing, china-netcom, netcom, cable-&-wireless, son
Bidding War Looms For Hong Kong's PCCW
HONG KONG (Dow Jones) -- The plot thickened Wednesday surrounding a possible buyout of Hong Kong's PCCW Ltd., as a second bidder reportedly joined Australia's Macquarie Bank Ltd. in a contest to take over the company's telecom and media business. more
Related Tags: pccw, li-ka-shing, cable-&-wireless, son