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Top related persons:
CK Hutchison - 1 Canning Fok - 1 Ahmed Essam - 1 Darren Purkis - 1 Hutchison - 1 Vodafone's Essam - 1 Robert Finnegan - 1 Gail Cartmail - 1
Top related locs:
HONG KONG Britain Hong Kong China London
Top related orgs:
Vodafone - 1 CK - 1 HK - 1 Hutchison - 1 Hutchison's - 1 BT's - 1 VM O2 - 1 Telefonica - 1

Search resuls for: "Canning Fok"


2 mentions found


☆ Vodafone, Hutchison unveil $19 bln UK mobile merger
  + stars: | 2023-06-14 | by ( Paul Sandle Clare Jim | Paul Sandle | Clare Jim | ) www.reuters.com   time to read: +4 min
Under the terms, Vodafone will own 51% and Hutchison 49% of the combined group, which will be led by current Vodafone UK boss Ahmed Essam. The finance chief of Hutchison's Three UK, Darren Purkis, will take the same role in the new group. The combined operator will have about 27 million customers, overtaking BT's (BT.L) EE and VM O2, jointly owned by Telefonica (TEF.MC) and Liberty Global (LBTYA.O). Vodafone, which is currently Britain's third-biggest mobile operator, and fourth-placed Hutchison will have options which would allow Vodafone to acquire the Hong Kong-based conglomerate's 49% stake in the future. Shares in Vodafone, which fell to a 25-year low of 71 pence on Tuesday, rose 3.6% after the deal was announced.
Persons: CK Hutchison, Canning Fok, Ahmed Essam, Darren Purkis, Hutchison, Vodafone's Essam, Robert Finnegan, Gail Cartmail, Paul Sandle, Clare Jim, Kate Holton, Sharon Singleton, Kirsten Donovan Organizations: Vodafone, CK, HK, Hutchison, Hutchison's, BT's, VM O2, Telefonica, Liberty Global, Britain's Competition, Markets Authority, CMA, Unite, Thomson Locations: HONG KONG, Britain, Hong Kong, China, London
☆ British investment minister visits Hong Kong, first official visit in 5 years
  + stars: | 2023-05-08 | by ( ) www.reuters.com   time to read: +2 min
HONG KONG, May 9 (Reuters) - Britain's Minister for Investment Dominic Johnson said he held a series of meetings with government officials and executives in Hong Kong on Monday, the first official visit from a senior British official to the city in five years. Johnson's visit comes after relations between Britain and Hong Kong have been increasingly strained since 2020 when Beijing imposed a national security law in the former colony. Johnson said he was in Hong Kong to promote the United Kingdom as a leading destination for investment and trade. "Hong Kong is one of the world's leading international financial centres and we have shared interests from financial services to infrastructure to sustainability," he wrote on Twitter. He is due to leave Hong Kong on Tuesday.
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