Telecoms provider HKBN ditches takeover talks with infrastructure investor
13/06/2023 09:59
June 13 (Reuters) - Hong Kong's HKBN 1310.HK said on
Tuesday it has terminated buyout discussions with infrastructure
investor I Squared Asia Advisors.
The company had in March confirmed it received a non-binding
letter of interest from I Squared, the parent company of major
Hong Kong internet service provider HGC Global Communications.
(Reporting by Rishav Chatterjee in Bengaluru; Editing by
Nivedita Bhattacharjee)
((Rishav.Chatterjee@thomsonreuters.com;))
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