business / news / / South China Morning Post
The sale of its 49 per cent stake in VodafoneThree would fetch a net gain of HK$4.
CK Hutchison will net HK$4.7 billion from selling its 49% stake in VodafoneThree.
KEY POINTS
- Goldman Sachs projects CK Hutchison's profit to rise 7% and debt-to-asset ratio to drop to 8.8%.
- If 40% of proceeds are paid out, CK Hutchison's dividend would increase by HK$0.50 per share.
- CK Hutchison's conglomerate trades at over a 50% discount to its book value.
COMPANIES
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