
Report: CK Hutchison is exploring a merger of its Italian business with French telecommunications company Iliad
According to informed sources, CK Hutchison Holdings Limited is in preliminary talks with French telecommunications operator Iliad regarding a potential merger of their operations in Italy. Iliad's Italian business is independently valued at over €3 billion, and the transaction involving CK Hutchison's Italian subsidiary Wind Tre may take the form of a joint venture. (Reuters)
