Market Chatter: CK Infrastructure Shoring Up Finances For Potential Macquarie UK Smart Meters Bid

MT Newswires Live

03/13

CK Infrastructure (HKG:1038) is considering bidding for Macquarie Group's UK smart-meter assets and is in talks with banks to shore up finances, Bloomberg reported Friday.

The company is seeking 1 billion pounds in bridge financing for a potential bid for Macquarie's portfolio of gas and electricity smart meters.

The report cautioned that deliberations were ongoing and CK Infrastructure may decide to drop the pursuit.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1634259557.SGD","symbol_name":"Eastspring Investments - Asian Low Volatility Equity Fund AS SGD-H","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2619150173","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2619150173","pubTimestamp":1773377171,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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