China Tower secures cornerstones, sets price range for $8.7 bln HK IPO - sources
July 22, 2018 at 22:17 PM EDT
HONG KONG, July 23 (Reuters/IFR) - China Tower, the world’s largest telecoms tower operator, has lined up $1.4 billion from 10 cornerstone investors for its Hong Kong initial public offering (IPO) of up to $8.7 billion, in what would be the world's biggest listing in four years, five people close to the deal told Reuters.