Vodafone, Three Putting Final Touches on UK Tie-Up [BNN Bloomberg (Canada)]
CK HUTCH HLD LTD UNSP/ADR (CKHUY)
NASDAQ:AMEX Investor Relations:
ckh.com.hk/en/ir
Company Research
Source: BNN Bloomberg
details of the tie-up as soon as this month, people with knowledge of the matter said. London-listed Vodafone and Three UK's owner, CK Hutchison Holdings Ltd., are working through the last details of the structure of the deal, and ways to address potential antitrust issues surrounding it, the people said. The companies are also discussing how CK Hutchison may exit its investment in the joint venture in the longer term, according to the people, who asked not to be identified discussing confidential information. Talks are ongoing and no final decisions on the structure of the merger or timing of any announcement have been made, they said. Analysts have estimated a deal could create a wireless giant worth about €16.5 billion ($17.5 billion). Spokespeople for Three UK and Vodafone declined to comment, while a representative for CK Hutchison couldn't be reached for comment outside regular business hours in Hong Kong. Vodafone and CK Hutchison confirmed in October that they were in
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