PCRD

Li offers to take PCCW private

The ongoing saga involving leading Hong Kong operator PCCW took a new turn on Tuesday as tycoon Richard Li offered to privatise the company under a $1.9bn deal. In partnership with 20 per cent PCCW stakeholder China Netcom and Li’s other investment vehicle, Pacific Century Regional Developments (PCRD), Li is proposing to buy out minority […]

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