Hutchison Whampoa [SEP] parent company
Trust (HPHT) announced that the company would IPO through Singapore Exchange for about US$5.4 billion. This would be the largest offering in South East Asia and surpass Petronas Chemicals' offering of about $4.1 billion.
In January 2015, Li Ka-shing entered into talks with Telefónica to buy its British mobile division O2 for around $15.4 billion but the deal was blocked in 2016 by the EU's Competition Commissioner.
In January 2015, Li Ka Shing confirmed plans for Cheung Kong Holdings to purchase the remaining shares
debt).
In December 2007, minority shareholder of Hutchison Telecommunications International (HTIL), Orascom Telecom, sold the 14.2% stake of HTIL, to HTIL's parent company Hutchison Whampoa, for HK$7.5 billion (approx. US$962 million). Orascom also reduced the stake from 19.3% to 16.3%, through a private placement of shares to the market in October 2007.
In 2009, Hutchison sold its controlling stake in Orange Israel to Scailex Corporation. Thus it ended using the Orange brand for providing