Extremely Wealthy
Capital Group may foil hedge fund hopes of tycoon Li sweetening $11.6 billion deal
Hedge funds are betting Asia's richest man Li Ka-shing will sweeten his proposed $11.6 billion buyout of Hong Kong's Power Assets Holdings, but their hopes may be dashed by top independent shareholder Capital Group whose stance on the matter is a mystery. Li's Cheung Kong Infrastructure Holdings (CKI) offered this…
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