TPG-MBK consortium, telco HKBN eye Hutchison's fixed-line biz in $1.5-1.9b deal

TPG-MBK consortium, telco HKBN eye Hutchison's fixed-line biz in $1.5-1.9b deal

Screen grab from Hutchison corporate video

A consortium of private equity firms TPG Capital Management and MBK Partners, as well as telecoms firm HKBN Ltd, are preparing separate bids for the fixed-line phone unit of Hong Kong’s richest man, Li Ka-Shing, sources with direct knowledge of the matter said.

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