和記黃埔

HUTCHISON CONSIDERS TELECOMS BUYOUT PLAN

Hutchison Whampoa, the Hong Kong ports-to-retail conglomerate controlled by billionaire Li Ka-shing, is considering making a possible buyout offer to take its lossmaking telecoms subsidiary private.

Hutchison Telecommunications International (HTIL), an emerging markets-focused telecoms group that was spun off from Hutchison six years ago, has made a string of disposals in recent years.

But the sale of assets, most notably of its star Indian telecom joint venture, left it with a much thinner portfolio.

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