Li Ka-shing Sheds Key UK Power Asset in Makeover for New Era
Hong Kong billionaire Victor Li’s CK Group has agreed to sell the UK’s largest power-distribution network, as flagship conglomerate CK Hutchison Holdings Ltd. eyes asset divestments to reshape the business...
By Karen Leigh · Bloomberg
Hong Kong billionaire Victor Li’s CK Group has agreed to sell the UK’s largest power-distribution network, as flagship conglomerate CK Hutchison Holdings Ltd. eyes asset divestments to reshape the business for a geopolitically fraught era.