KM Financial Solutions | China Tower secures cornerstones, sets price range for $8.7 bln HK IPO – sources
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China Tower secures cornerstones, sets price range for $8.7 bln HK IPO – sources

China Tower secures cornerstones, sets price range for $8.7 bln HK IPO – sources

HONG KONG, July 23 (Reuters/IFR) – China Tower, the world’s
largest telecoms tower operator, has lined up $1.4 billion from
10 cornerstone investors for its Hong Kong initial public
offering (IPO) of up to $8.7 billion, in what would be the
world’s biggest listing in four years, five people close to the
deal told Reuters.

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