Hong Kong telco HKBN confirms takeover offer from infrastructure investor

HKBN

02/03/2023 04:44

March 2 (Reuters) - Hong Kong's HKBN Ltd  1310.HK  on
Thursday confirmed it got a non-binding letter of interest from
infrastructure investor I Squared Asia Advisors, expressing an
intent to buy the telecom firm. 
    HKBN said it has not yet reached an agreement, and will
pursue further talks with the party.  

 (Reporting by Harshita Swaminathan; Editing by Dhanya Ann
Thoppil)
 ((Harshita.Swaminathan@thomsonreuters.com;))