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Latest news with #HutchisonTelecommunicationsAustralia
National Business Review
23-06-2025
- Business
- National Business Review
Spark accepts bid for stake in Aussie telco
Listed telecommunications company Spark has accepted an offer to sell its 10% stake in ASX-listed Hutchison Telecommunications Australia, despite calls for it to reject the bid by Hong Kong billionaire Li Ka-shing. Li Ka-shing's CK Hutchison Holdings in May announced an offer for the 12.3% of HTA
NZ Herald
03-06-2025
- Business
- NZ Herald
Spark in line for $47m windfall from Hutchison takeover - but activist investor says it should hang out for more
Hong Kong conglomerate CK Hutchison has launched a takeover offer for its ASX-listed subsidiary Hutchison Telecommunications Australia - in which Spark holds a 10% stake through an accident of history. If the deal goes through as it stands, Spark would receive around A$43 million ($47m) for its shares (the stock
