🚀 CK Hutchison group to Sell UK Power Networks to Engie for £10.5bn
#CKHutchison #UKPowerNetworks #Engie #LiKaShing #CKInfrastructure #PowerAssets #CKAsset #MergersAndAcquisitions #EnergyTransition #PanamaCanal #RegulatedElectricity #HongKongTrading #Investment
According to Nikkei Asia, Li Ka-shing’s family-controlled companies—CK Infrastructure, Power Assets and CK Asset—said they will sell their entire stake in UK Power Networks to France’s Engie for £10.5bn (about $14.3bn), pending regulatory approvals and expected to close by mid-year. The group said the sale “monetizes” a long-held investment acquired in 2010, generating significant accounting gains and cash for future investments or acquisitions. Shares across the CK group rose around 2%–3% in Hong Kong trading. The deal comes as CK Hutchison faces heightened uncertainty after losing its Panama Canal port concessions and pursuing international arbitration. Engie said the acquisition strengthens its position in the U.K.’s regulated electricity networks and supports the energy transition.#CKHutchison #UKPowerNetworks #Engie #LiKaShing #CKInfrastructure #PowerAssets #CKAsset #MergersAndAcquisitions #EnergyTransition #PanamaCanal #RegulatedElectricity #HongKongTrading #Investment
🚀 Hong Kong's CK Infrastructure Pursues $1.4 Billion Loan for UK Smart-Meter Assets
#CKInfrastructure #HongKong #UK #SmartMeter #Energy #Investment #SustainableEnergy #Acquisition #Finance #InternationalExpansion
Hong Kong's CK Infrastructure is reportedly seeking a $1.4 billion bridge loan to acquire UK smart-meter assets from Macquarie. Bloomberg posted on X, citing sources familiar with the matter. The move is part of CK Infrastructure's strategy to expand its portfolio in the UK energy sector. The company aims to leverage the loan to facilitate the acquisition process, enhancing its position in the smart-meter market. This development underscores CK Infrastructure's commitment to investing in sustainable energy solutions and expanding its international footprint.#CKInfrastructure #HongKong #UK #SmartMeter #Energy #Investment #SustainableEnergy #Acquisition #Finance #InternationalExpansion
🚀 STOCKS | Global Market Decline Sparks Interest in CK Infrastructure Holdings
#Stocks #GlobalMarket #MarketDecline #CKInfrastructure #Investing #LongTermInvestment #HongKongStocks #ResilientStocks
CK Infrastructure Holdings has traditionally been a favored stock, known for its reliability despite not always showing outstanding price performance. According to Ming Pao, during previous downturns in the Hong Kong stock market, CK Infrastructure Holdings stood out as a resilient performer. With recent declines in global stock markets, the company is once again attracting attention, particularly from long-term investors.#Stocks #GlobalMarket #MarketDecline #CKInfrastructure #Investing #LongTermInvestment #HongKongStocks #ResilientStocks