China Mobile

US-based I Squared Capital dumps plans to make separate offer for Hong Kong’s HKBN

[HONG KONG] US-based infrastructure investment firm I Squared Capital has withdrawn plans to make a takeover offer for Hong Kong’s HKBN, the broadband operator said on Monday (Jun 30), as a competing ...

HKBN reported a 5 per cent rise in earnings before interest, taxes, depreciation, and amortisation (Ebitda) for the six months through May, higher than the 3 per cent by its major competitor Hong Kong Telecom.

HKBN CEO says China Mobile’s HK$7.8 billion offer not good enough, open to more bidders

China Mobile’s HK$5.23 apiece offer for HKBN would translate into some HK$4.91 a share excluding dividend

China Mobile is planning to make a general offer to buy all of HKBN’s shares for HK$5.23 each in cash.

HKBN shares jump after China Mobile makes HK$6.86 billion offer

HKBN shares jumped after China Mobile made a takeover bid that values the Hong Kong broadband provider at about HK$6.86 billion (S$1.2 billion), pushing forward with a formal offer in an emerging bidd...

HKBN and I Squared Capital are discussing the terms of the proposal, it said. None of the companies have disclosed the financial terms of the takeover proposals.

Hong Kong’s HKBN gets rival takeover interest from I Squared Capital

HONG Kong telecommunications company HKBN said on Monday (Dec 2) it has received a rival non-binding indication from US private equity firm I Squared Capital for a possible takeover.

State-backed China Mobile has been holding discussions about a deal with HKBN’s major shareholders, buyout firms MBK Partners and TPG.

China Mobile is said to explore deal for Internet provider HKBN

CHINA Mobile, the world’s largest wireless carrier by subscribers, is exploring a potential deal for Hong Kong broadband provider HKBN as it looks to expand its footprint in the city, people with know...

The state-owned China Mobile’s Hong Kong unit made an offer in recent weeks for Cheung Kei Center which has been on the market since 2023.

China Mobile in talks to buy Hong Kong tower seized from tycoon

The state-owned company’s Hong Kong unit made an offer for Cheung Kei Center which has been on the market since 2023