China Tower looking to raise up to USD 8.7 bln from IPO

Telecom Industry NewsComments are off for this post.

You Are Here:China Tower looking to raise up to USD 8.7 bln from IPO

(Telecompaper) China Tower aims to raise as much as USD 8.7 billion in its Hong Kong initial public offering. The world’s largest telecom tower operator is offering 43.1 billion shares at HKD 1.26-1.58 each, according to terms of the offering seen by Bloomberg. Hillhouse Capital and a unit of Alibaba Group are among the 10 firms that agreed to buy about USD 1.4 billion of shares as cornerstone investors.
Source: Industry News (syndicated from Telecompaper.com)

Top