Reuters
3 Aug 2008
HONG KONG (Reuters) - Singapore's Temasek Holdings plans to join MBK Partners in a bid to buy a 45 per cent stake in PCCW Ltd's (0008.HK: Quote, Profile, Research, Stock Buzz) media and telecoms unit HKT Group Holdings, the South China Morning Post reported on Monday.
PCCW, the Hong Kong phone company controlled by billionaire Richard Li, said last month it expects to shortlist bidders for its newly formed HKT Group within a month, in a deal that could fetch more than $2.5 billion.
>>>> More
