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Spark urged to reject ‘lowball’ offer for stake in Aussie telco

Other shareholders say Spark would ‘leave millions on the table’ if it accepted the offer.

Spark’s stake in Hutchison is worth about A$43m.

Spark New Zealand is being urged to reject or hold out for a better offer from Hong Kong billionaire Li Ka-shing, whose company has launched an offer to mop up the minorities in ASX-listed Hutchison Telecommunications Australia (HTA).

Li Ka-shing’s CK Hutchison Holdings last week announced an

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Lachlan Colquhoun Mon, 02 Jun 2025
Contact the Writer: lachlan@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Spark urged to reject ‘lowball’ offer for stake in Aussie telco
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