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Stock impact report

HKBN's Owners Said to Revive Deal Options for Hong Kong Broadband Provider [Yahoo! Finance]

TPG Inc. - Class A (TPG) 
Company Research Source: Yahoo! Finance
private or bringing in new investors, after previous attempts failed, people familiar with the situation said. Most Read from Bloomberg Baltimore Wants to Sell Hundreds of Vacant Homes for $1 Each Sam Bankman-Fried Says 50-Year Sentence Only Suitable for a ‘Super Villain' Justice Department to Sue Apple for Antitrust Violations as Soon as Thursday Trump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New Team Fed Signals Three Rate Cuts Are Still Likely, Despite Inflation Uptick Major shareholders including private equity firms MBK Partners and TPG Inc. have restarted a strategic review with the aim of reducing their holding in the company, the people said, asking not to be identified discussing confidential information. Other options include raising cash through some of HKBN's assets, they said. Infrastructure-focused funds and at least one Chinese telecommunications group have been sounded out about a possible deal, the people said. Deliberations are ongoing and Show less Read more
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