CK Hutchison Unit to Acquire Hutchison Telecommunications (Australia) Shares Under Compulsory Acquisition Provisions

MT Newswires Live

07-15

Hutchison Telecommunications (Australia) (ASX:HTA) said Hutchison Telecommunications (Amsterdam) will acquire the remaining shares the latter does not already own in the company at AU$0.032 cash per share after its off-market takeover offer closed on July 7, according to a Tuesday Australian bourse filing.

Hutchison Telecommunications (Amsterdam) is an indirect wholly-owned unit of CK Hutchison Holdings.

Shares of Hutchison Telecommunications (Australia) were down more than 3% in recent Tuesday trade.

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