Announced
Financials
Sources
Tags
Private
United Kingdom
Integrated Oil and Gas
Majority
Cross Border
Friendly
Netherlands
energy industry
Acquisition
Infrastructure
Single Bidder
Pending
Synopsis
CK Asset, an operator of real estate businesses, agreed to acquire four European utilities from Li Ka Shing Foundation, a Hong Kong-based charitable organization, for $2.2bn. “The deal is positive to the share price and create value for shareholders,” Victor Li, Ck Asset Chairman.
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