Spark accepts bid for stake in Aussie telco
The company had been urged to reject ‘lowball’ offer from Hong Kong billionaire Li Ka-shing.
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
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