
According to reports, CKH is considering merging its Italian telecommunications business with France's Iliad
According to a report by Reuters, CK Hutchison Holdings (00001.HK) is considering the possibility of a potential merger between its Italian telecommunications division Wind Tre and the Italian operations of the French telecom group Iliad.
The news reveals that in order to further integrate the Italian telecommunications market, the two companies have conducted preliminary consultations regarding a possible deal. It is reported that the independent valuation of Iliad's Italian business may exceed €3 billion ($3.5 billion), and the transaction could take the form of a joint venture
