Deals
Hong Kong Tycoon Li Weighs London Infrastructure IPO
- CK Infrastructure is talking to advisers about listing options
- Firm’s assets include U.K. Power Networks, Northumbrian Water
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Hong Kong tycoon Victor Li’s CK Infrastructure Holdings Ltd., which owns energy and water utilities globally, is considering listing some U.K. assets through a London initial public offering, according to people with knowledge of the matter.
CK Infrastructure is speaking with investment banks about the listing of certain U.K. holdings through a potential multibillion-dollar fund, said the people, who asked not to be identified because the information is private. The company is still discussing the entity’s structure and which assets to include, and it may decide not to pursue the transaction, they said.