Hutch gets £3.1b from GIC, funds for O2 bid

Hutchison Whampoa secures £3.1 billion of investments from GIC, Canada Pension Fund, and three other funds in exchange for a 33% stake in the combined British O2 and Three business.

Hutchison Whampoa said on Friday that it has entered into an agreement with five institutional investors to sell a third of the combined Three and O2 UK business for £3.1 billion ($4.72 billion).

¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media