New World Development

Telstra to exit Hong Kong mobiles business in $2B deal

Australia-based mobile device provider Telstra Corporation Ltd will sell CSL, its Hong Kong-based mobiles business to HKT Limited in a deal valued at $2.425 billion.

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HK investor buys big chunk of London development

A Hong Kong investor will plough about 480 million pounds ($751 million) into a development in east London's Greenwich peninsula to take a majority stake in the 150-acre scheme.

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