FROM OUR CKHH FAMILY
CK Hutchison has agreed to sell its interests in its European tower assets and businesses to Cellnex Telecom for €10 billion in six transactions. These transactions will unlock the underlying value of its telecommunications division and realise a number of strategic and financial benefits for the Group, including acceleration in rolling out 5G across all of CK Hutchison Group Telecom’s networks as well as forming long-term ties with Cellnex that will serve the Group’s future passive infrastructure needs. Austria, Denmark and Ireland completed their transactions in December 2020 with the remaining countries looking to complete this year.
CK Hutchison and Ooredoo sign an MOU, entering into negotiations to potentially combine their Indonesian telecommunications businesses, PT Hutchison 3 Indonesia and PT Indosat TBK. Both companies will proceed with negotiations on an exclusive basis until 30 April 2021.
A.S. Watson Group (ASW) unleashed a flurry of firsts as it celebrated its franchise agreement with Al-Futtaim, an international retail conglomerate based in the United Arab Emirates, to launch a Watsons flagship location in the Gulf Cooperation Council region. This move breaks new ground in two ways – ASW’s first-ever franchise agreement and its first foray into the Middle East.
Superdrug’s nurses are taking on the toughest COVID-19 has to offer by volunteering to serve on their nation’s front lines, fighting the disease.
COVID-19 may be invisible to the eye, but not to scientists working with Northumbrian Water to trace its spread by sampling wastewater.
Team Watsons Water got creative and worked round the clock to deliver life-saving PPE to Hongkongers.
The Li Ka Shing Foundation sprang into action early in the coronavirus pandemic to provide desperately needed personal protective equipment to medical staff.