China Mobile Bids US$1 Billion for HKBN in Strategic Takeover
中国移动斥资10亿美元竞购香港宽频 (HKBN)
China Mobile, the world’s largest mobile carrier by subscribers, has made a HK$7.8 billion (US$1 billion) bid for Hong Kong Broadband Network (HKBN), intensifying competition with US private equity firm I Squared Capital.
中国移动，作为全球用户最多的移动运营商，提出以78亿港元（10亿美元）收购香港宽频 (HKBN)，加剧了与美国私募股权公司 I Squared Capital 的竞争。
The offer of HK$5.23 per share represents a 7.6% premium over HKBN’s last traded price.
每股5.23港元的报价较香港宽频的最后交易价溢价7.6%。
Key HKBN shareholders, including Canada Pension Plan Investment Board (CPPIB) and TPG, which collectively hold about 25% of HKBN, have agreed to support China Mobile’s proposal.
香港宽频的主要股东，包括加拿大养老计划投资委员会 (CPPIB) 和 TPG，共持有约25%的股份，已同意支持中国移动的提案。
Other stakeholders include MBK Partners and GIC Private Limited.
其他股东还包括韩国私募股权公司 MBK Partners 和新加坡主权财富基金 GIC。
HKBN, which serves 2.6 million homes and thousands of buildings in Hong Kong, recently returned to profitability, reporting HK$10.3 million in earnings for 2024.
香港宽频在香港为260万户家庭和数千栋建筑提供服务，近期实现扭亏为盈，2024财年净赚1030万港元。
Shares of HKBN surged 6.2% after the announcement, while China Mobile’s stock dipped slightly.
消息发布后，香港宽频的股价上涨6.2%，而中国移动的股价小幅下跌。
