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CHINA MOBILE's Acquisition of HKBN Yet to Receive Mainland Regulatory Approval: Report
Recommend 18 Positive 22 Negative 6 |
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CHINA MOBILE (00941.HK)'s acquisition of HKBN (01310.HK) has not seen any progress. The acquisition offer has been on the table for over two months, but mainland regulatory authorities have yet to respond to the transaction review, which may hinder the fulfillment of all offer preconditions, according to market sources cited by Sing Tao Daily. AAStocks Financial News |
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