CK Hutchison Holdings Ltd is a Hong Kong conglomerate backed by tycoon Victor Li.
KUALA LUMPUR: CK Hutchison Holdings Ltd., the Hong Kong conglomerate backed by tycoon Victor Li, has made a preliminary approach to Axiata Group Bhd
. about a potential combination of their Indonesian telecommunications operations, people with knowledge of the matter said.
CK Hutchison informally expressed interest in exploring a combination of its Indonesian wireless business with the Malaysian carrier’s local unit, PT XL Axiata, the people said.
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