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Technology / AI and automation

C&W TO SELL UP TO 5.5% OF ITS 80% SHAREHOLDING IN HONG KONG TELECOM

Cable & Wireless Plc now says that it will be selling up to 5.5% of its 80% shareholding in Hong Kong Telecom, which works out at about a 4.4% stake in the company: the issue, to be made on the Hong Kong Stock Exchange, is expected to take place in September or October, and the government will sell some too.

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CBR Staff Writer

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