PCCW buyout bid secures green light
China Daily | Updated: 2009-04-07 07:56
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A shareholder makes his way to a PCCW shareholders' meeting in Hong Kong on Feb 4, 2009. Bloomberg News |
HONG KONG: The High Court in Hong Kong yesterday said it would allow controlling shareholders of PCCW to go ahead with the firm's $2.2 billion privatization plan despite the securities regulator's allegations of vote-rigging.
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