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Hutchison to Acquire Additional 5% Stake in Hutchison Essar for US$450M
ChinaeCapital Inc.:
It is reported that Hutchison Telecommunications International Ltd has announced that its wholly owned subsidiary has entered into agreements for the acquisition of a further 5.11% stake in Hutchison Essar from affiliates of the Hinduja Group for US$450 million.
Upon the completion of the acquisitions, Hutchison Telecom will have interests in companies that control approximately from 61.9% to 67% stake in Hutchison Essar.
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Oversea Investor, Foreign PRC IT Stock
, Foreign Investment for Startup Company, Oversea PRC IT Stock
ChinaeCapital has an excellent programs for enabling eBusiness owners, potential eBusiness buyers and sellers to come together and identify business opportunities for their on-line assets.
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