HK tycoon Victor Li's CK Infrastructure gets timing right for IPO of UK assets

HK tycoon Victor Li's CK Infrastructure gets timing right for IPO of UK assets

Victor Li (left) speaks with Li Ka-shing during a news conference in Hong Kong, China, on Friday, March 16, 2018. Photographer: Anthony Kwan/Bloomberg

When you’re preparing to spend billions of dollars on acquisitions in one year, it makes sense to sell assets to raise cash, especially if existing businesses face a secular drop in returns.

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