hutchison whampoa -unsp adr (HUWHY) Key Developments
Hutchison Whampoa And VimpelCom Reportedly Mull Listing Of Venture
May 27 15
Hutchison Whampoa Limited (SEHK:13) and VimpelCom Ltd. (NasdaqGS:VIP), which are in talks to merge their mobile-phone businesses in Italy, are looking for listing of assets., according to people close to the matter. The news report mentioned that spokesmen for VimpelCom and Hutchison declined to comment on the IPO (Initial Public Offering) possibility. The firms are projecting an accord over the next three months, Bloomberg News reported. Getting regulatory approval for the eventual merger of units could take as long as a year, one of the people said.
Hutchison Whampoa Limited(SEHK:13) dropped from Hang Seng Index
May 26 15
Hutchison Whampoa Limited will be removed from Hang Seng Index.
VimpelCom And Hutchison In Discussions For Joint Venture
May 13 15
VimpelCom Ltd. (NasdaqGS:VIP) confirmed that it is discussions with Hutchison Whampoa Limited (SEHK:13) regarding a possible equal joint venture between Hutchison’s subsidiary 3 Italia S.p.A. and VimpelCom’s subsidiary Wind Telecomunicazioni SpA. “There can be no assurances that an agreement will be signed and any transaction would be subject to, among other things, achieving satisfactory debt levels and obtaining all required corporate and regulatory approvals,” VimpelCom Chief Executive Officer Jean-Yves Charlier said in the statement. Negotiations between Hutchison and VimpelCom now focus on the structure of the venture, which would have more than 30 million customers and about $7.2 billion in 2014 revenue, people familiar with the matter said this week. The companies are projecting an agreement over the next three months, said one of the people.
Hutchison Whampoa Launches Hue Wholesaling for Mobile Virtual Network Operators
Apr 28 15
Hutchison Whampoa has launched a business called Hue to help mobile virtual network operators, or MVNOs, expand internationally. Hue acts as a single point of entry for Mobile Virtual Network Operators (MVNOs) wanting to create global coverage quickly and easily by accessing Hutchison Whampoa's networks across Europe and Asia. Hue provides a simple and efficient means of building an international MVNO. By giving its customers the ability to access multiple markets via a single enabler, Hue supports the rapid expansion of international MVNO offerings. Hue's Mobile Virtual Network Enabler (MVNE) platform offers a wide range of services, from mobile network access through to CRM, billing and provisioning as well as the potential to interface with third-party providers, such as credit management agencies and logistics partners.
Hutchison Whampoa Limited, Special/Extraordinary Shareholders Meeting, Apr 20, 2015
Mar 30 15
Hutchison Whampoa Limited, Special/Extraordinary Shareholders Meeting, Apr 20, 2015., at 14:00 China Standard Time. Agenda: To the relation to the Cheung Kong Reorganisation Proposal, the Merger Proposal and the Spin-off Proposal.