M&A Deal Summary |
|
|---|---|
| Date | 2013-12-20 |
| Target | Hong Kong CSL |
| Sector | Communications |
| Buyer(s) | HKT Trust and HKT |
| Sellers(s) |
Telstra
New World Development |
| Deal Type | Divestiture |
| Deal Value | 2.4B USD |
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| Category | Company |
|---|---|
| Founded | 2011 |
| Sector | Communications |
| Employees | 15,400 |
| Revenue | 34.0B HKD (2021) |
HKT Trust and HKT is a telecommunications service provider. It provides the Hong Kong public and local and international businesses with a wide range of services including local telephony, local data and broadband, international telecommunications, mobile, and other telecommunications businesses such as customer premises equipment sale, outsourcing, consulting, and contact centers. HKT Trust and HKT company was founded in 2011 and is headquartered in Quarry Bay, China.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Communications) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (China) | 1 of 1 |
| Year (2013) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1901 |
| Sector | Communications |
| Employees | 28,637 |
| Revenue | 22.8B AUD (2020) |
Telstra is a provider of telecommunications and information products and services through its Australian and offshore operations. TLS has a wide range of businesses namely fixed broadband, mobile, data and IP, network application & services (NAS), digital media and international. Telstra was founded in 1901 and is based in Melbourne, Australia.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 6 |
| Sector (Communications) | 2 of 2 |
| Type (Divestiture) | 3 of 5 |
| Country (China) | 1 of 1 |
| Year (2013) | 1 of 1 |
| Size (of disclosed) | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-09-30 |
Fred IT Group Pty
Abbotsford, Australia Fred IT Group Pty Ltd. is a provider of business and professional software solutions to retail and pharmacy industries in Australia. Company has additional offices in Sydney, Brisbane, Adelaide, Perth, and Ballarat, Australia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-01-13 |
Sensis Pty
Melbourne, Australia Sensis is a print and online directory and digital advertising services provider in Australia. The company is organized into three distinct business segments: White Pages, Yellow Pages, and Digital Partnership and Innovation. |
Sell | AU$454M |
| Category | Company |
|---|---|
| Founded | 1970 |
| Sector | Real Estate |
| Employees | 30,000 |
| Revenue | 68.2B HKD (2021) |
New World Development Co. is a diversified holding company with a focus on property development, New World Group’s core business areas include property development, infrastructure and service, department store and hotel, boasting businesses in over 50 cities with a total asset value of over HK$300 billion. The three listed companies under New World Group are New World China Land Limited, NWS Holdings Limited and New World Department Store China Limited. New World Development Co. was founded in 1970 and is based in Hong Kong, China.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Communications) | 2 of 2 |
| Type (Divestiture) | 2 of 2 |
| Country (China) | 2 of 2 |
| Year (2013) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-01-01 |
Hong Kong CSL
Hong Kong, China Hong Kong CSL Ltd. offers three brand names of 2G and 3G mobile phone services, including New World Mobility, 1010 and one2free. |
Buy | - |
