ITALY > Hong Kong based CK Hutchison is set to take over Italy based Wind Tre for €2.45 billion ($2.85 billion)

CK Hutchison logo Hong Kong based CK Hutchison is set to take over Italy based Wind Tre from Amsterdam based Veon for €2.45 billion ($2.85 billion) for 50% of the shares. CK Hutchison already owns the remaining 50% of Wind Tre.  CK Hutchison was formed through the €20bn ($ 23.28 billion) merger in 2016 of VimpelCom’s Wind Telecomunicazioni and CK Hutchison’s 3 Italia. More …