Li Ka-Shing Group Nails $4B Deal For Northumbrian Water
The deal would see Northumbrian shareholders get 465 pence in cash for each share.
U.K. Water Ltd., a newly created wholly owned subsidiary of a consortium led by Li's Cheung Kong Infrastructure Holdings Ltd., would acquire all of Northumbrian's shares. The group also includes Li companies Cheung Kong (Holdings) Ltd. and Li...
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