Published on 10 Nov 2023 on Bloomberg via Yahoo Finance
(Bloomberg) -- PCCW Ltd., a telecommunications, media and technology conglomerate controlled by billionaire Richard Li, is mulling a significant minority stake sale in its fiber business for about $1 billion, according to people familiar with the matter.
Most Read from Bloomberg
Charlie Munger, Who Helped Buffett Build Berkshire, Dies at 99Musk’s Cybertruck Is Already a Production Nightmare for TeslaHamas Releases 12 Hostages Despite Claims of Truce ViolationsBillions Wiped Out as Stock-Safety Trade on Wall Street MisfiresTreasury Yields Slide as Fedspeak Fuels Pivot Bets: Markets Wrap