CK Hutchison Holdings Is Building on Its Global Ports,infrastructure, Retail and Telco Operations.
CK Hutchison, will continue to grow and recognize value through an active acquisition and spin-off strategy. We see free cash flow stable at about...
220 Views
Takeover Failed: High-Quality Regulated Assets Ensure Sustainable Earnings
We revert our fair value estimate for PAH, to its intrinsic value of HKD 68, after shareholders voted down the merger deal with CKI. We think the...
238 Views
Cheung Kong & Power Assets: Scheme Dies, There Will Be (Some) Blood
The NewsAs somewhat expected on the ground here in Hong Kong, Power Assets Holdings (6 HK) shareholders have voted against the deal to combine with...
416 Views
Heads I Win; Tails You Lose
"The all-stock offer from Li’s Cheung Kong Infrastructure for affiliate Power Assets Holdings should be as much as 13 percent higher" Institutional...
381 Views
A Somewhat Curious and Smallish Revision to Merger Terms
Li Ka-shing's CKI has sweetened the offer for Power Assets, in a rare and we must admit an unexpected concession by the Asian tycoon to independent...
290 Views