Li Ka-shing sweetens bid for Power Assets

It may take more than an enhanced dividend and improved share-swap ratio to win shareholder approval for the $12.4b merger, a deal tied to the reorganisation of Li's businesses.

Ray Chan

October 08, 2015

Li Ka-shing’s Cheung Kong Infrastructure (CKI) sweetened its offer to buy the 61.13% of Power Assets Holdings (PAH) it doesn’t already own, as it steps up efforts to ensure minority investors will approve the proposed merger.

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