NZ's Infratil to buy majority stake in Console Connect from HKT Trust for $160 mln

HKT Trust and HKT

09/07/2023 21:46

July 10 (Reuters) - New Zealand's infrastructure
investor Infratil  IFT.NZ  said on Monday it will acquire an 80%
interest in connectivity platform business Console Connect from
Hong-Kong based telecommunications firm HKT Trust and HKT Ltd
 6823.HK  for $160 million. 

 (Reporting by Roushni Nair in Bengaluru; editing by Diane
Craft)
 ((Roushni.Nair@thomsonreuters.com;))