News about Li Ka-shing

Vodafone is close to completing a Three-tier merger

www.dailymail.co.uk, April 8, 2023
CK Hutchison, the tycoon Li Ka-Shing of Hong Kong, has been involved in talks with the FTSE 100 billion Nokia and Three's founder, CK Hutchison, have been in talks for more than six months. Vodafone, the UK's third largest mobile network, will partner with the number four player in a tie. Darren Purkis, Three's finance manager, said talks were 'progressing in the right direction last month, sparking rumors that a formal announcement could be made by the end of April. Following Nick Read's ouster at the end of last year, Vodafone is now looking for a permanent CEO.