SUBSCRIBERS

Li Ka-shing paying US$11.6b to merge utilities firms

Published Tue, Sep 8, 2015 · 09:50 PM
Share this article.

Hong Kong

HONG KONG billionaire Li Ka-shing announced on Tuesday that he will pay US$11.6 billion to merge his utilities firms in a bid to improve his vast business empire's position for future expansion.

The 87-year-old's latest move is the second reshuffle of his empire in a year, …

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here