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hutchison
proper noun
Surname patronymic
Exact(48)
Hutchison Whampoa, a buccaneering, privately owned Hong Kong conglomerate, has long had a global network of ports.
Hutchison Whampoa is keen to buy where it can.
Like another, smaller acquisition on the same day the purchase of the Irish business of Spain's Telefónica for €780m by Three, owned by Hong Kong's Hutchison Whampoa the deal reflects the strife that bedevils European telecoms companies.The Irish transaction may bring a little balm to two familiar sources of pain.
AFTER extensive due dilligence Hutchison Whampoa, a Hong Kong conglomerate, announced on March 24th its intention to buy O2, Britain's second-largest mobile operator, to merge it with Three, the country's smallest.
In Austria, for instance, where Hutchison Whampoa also acquired a competitor, prices jumped by about 10% after the merger, according to the OECD.
Last year Vodafone paid $11 billion to take over Hutchison Essar, and Telenor of Norway paid $1 billion for 60% of Unitech Wireless, another Indian operator, in October.In this section A gathering storm?
Similar(12)
In June Telefónica of Spain sold its business in Ireland to Three, owned by Hutchison Whampoa of Hong Kong.
Hutchison Whampoa, a seaports, electricity and telecoms group, is the only Asian firm in the top ten.
Ten corporate giants make up 87% of Hong Kong's stockmarket, including Hutchison Whampoa, a conglomerate, at 24%.
The sharpest tongues in Tokyo say that the firm is being taken for a ride, especially by Hong Kong's Hutchison Whampoa, whose foreign acquisitions NTT DoCoMo seems to be helping to finance, with the promise of little in return.
Hutchison Whampoa, a Hong Kong conglomerate, has just opened a huge container trans-shipment port on Grand Bahama.Fine, say PLP supporters, but jobs in banking and hotels are going to foreigners, and unemployed young men join gangs because they feel left out.
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