CK Hutchison sells 49% VodafoneThree stake for $5.8 billion

12 articles · Updated · Bloomberg · May 5

The £4.3 billion deal will see the UK telecom operator pay cash to cancel CK Hutchison Holdings' holding, according to a filing on Tuesday.
VodafoneThree is jointly owned by CK Hutchison and Vodafone Group, and is described in the report as Britain's largest telecommunications operator.
The transaction is structured as a buyout of CK Hutchison's minority stake, reshaping ownership of the recently combined UK mobile business.

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