CK Hutchison Holdings Ltd Aktie News

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The initial probe will look at whether the deal will lead to a “substantial lessening of competition,” according to the U.K. Competition and Markets Authority (CMA). If this is found, the CMA can continue with a more in-depth investigation.

Vodafone and CK Hutchison said they would merge their U.K. mobile phone businesses.

Talks have been ongoing since last year.

Vodafone and CK Hutchison are close to agreeing a 15 billion pounds (about $19 billion) combination of their UK telecoms businesses that would create the country's biggest mobile operator, the Financial Times reported on Thursday, citing three people close to the matter. ($1 = 0.7948 pounds)

CK Hutchison Holdings Ltd (OTCPK:CKHUY) Q4 2022 Earnings Conference Call March 16, 2023 5:15 AM ET Company Participants Victor Li - Chairman & Group Co-MD Canning Fok - Group Co-MD & Executive Director Frank Sixt - Group Finance Director, Deputy MD & Executive Director Dominic Lai - Deputy MD & Executive Director Conference Call Participants Operator Good afternoon. Welcome to the live webcast ...

CK Hutchison Holdings Limited made billions of dollars during all previous crises and will likely do so again in a recession. It has an excellent balance sheet.

CK Hutchison's proposed Three UK/Vodafone merger comes as positive news, particularly on the heels of its successful consolidation efforts in Indonesia. The deal could yield compelling cost synergies, although revenue benefits remain uncertain at this point.