Hutchison Telecom to Acquire Additional 5% of Hutchison Essar for US$450 Million.
Publication: PR Newswire
Publication Date: 30-JUN-06
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HONG KONG, June 30 /Xinhua-PRNewswire-FirstCall/ -- Hutchison Telecommunications International Limited (SEHK: 2332; NYSE: HTX; "Hutchison Telecom") today announced that its wholly owned subsidiary has entered into agreements for the acquisition of a further 5.11% stake in Hutchison Essar from affiliates of the Hinduja Group for US$450 million.
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