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Deals Rumor Mill: Hutchison, Vertiv, PDC Brands

By Adam Rhodes (August 23, 2018, 8:08 PM EDT) -- European regulators are set to approve Hong Kong-based conglomerate CK Hutchison Holdings Ltd.'s €2.45 billion ($2.8 billion) deal to buy Veon Ltd.'s stake in Italian mobile network Wind Tre SpA, Reuters reported on Thursday. According to the report, the buyout deal was inked in July and the conglomerate offered the European Commission concessions to assuage their concerns earlier this month. Citing an anonymous source, the outlet reported that the approval comes after Hutchison promised to aid a rival's Italian business....

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