Independent journal on economy and transport policy
08:39 GMT+2
HUTCHISON WHAMPOA RAISES STAKE IN HONGKONG INT'L TERMINALS TO 80%
(Shipping Times)
September 2, 1997
[HONGKONG]
Hutchison Whampoa Ltd has increased its stake in Hongkong International Terminals to 80 per cent from 77.5 per cent, the South China Morning Post reported.
The newspaper quoted a spokesman as saying that the company lifted its interest after wholly owned unit Hutchison Port Holdings acquired a 2.5 per cent stake in HIT from Hellman Friedman.
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