Abu Dhabi Investment Authority is considering bidding for a stake in PCCW Limited (SEHK:8)?s fiber business, people familiar with the matter said, a move that would help the oil-rich emirate expand into Greater China. ADIA, as the Abu Dhabi wealth fund is known, is in discussions for a significant minority stake in PCCW?s fiber assets for about $1 billion, the people said, asking not to be identified because the matter is private.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
3.94 HKD | +0.25% | +2.34% | -5.29% |
Feb. 26 | Vivendi: Canal+ increases its stake in Viu | CF |
Feb. 23 | Transcript : PCCW Limited, 2023 Earnings Call, Feb 23, 2024 |
EPS Revisions
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-5.29% | 3.89B | |
+9.65% | 199B | |
+5.25% | 167B | |
+0.46% | 116B | |
-2.38% | 89.84B | |
+17.65% | 72.93B | |
+2.80% | 58.42B | |
-5.07% | 50.97B | |
-13.54% | 40.2B | |
-34.49% | 36.67B |
- Stock Market
- Equities
- 8 Stock
- News PCCW Limited
- Abu Dhabi Investment Authority Reportedly Weighs Bid for $1 Billion PCCW Fiber Unit Stake