Slaughter and May, Hong Kong, advised HKT Limited on the deal.
The deal concerned the acquisition by HKT Interactive Media Holdings Limited, its wholly-owned subsidiary, of the entire issued share capital of PCCW Media Limited from PCCW Interactive Media Holdings Limited, a wholly-owned subsidiary of PCCW Limited (PCCW) for US$250 million. Both HKT and PCCW are companies listed on the Main Board of the Hong Kong Stock Exchange. PCCW Media Limited operates the “NOW TV” business, which is a leading pay-television service provider in Hong Kong, offering a wide range of local and international content through linear TV channels, on-demand and apps.
Slaughter and May’s team included Peter Brien (Picture), Partner, Jing Chen, Partner and Nicola Lui, Associate.
Law Firms: Slaughter and May;
Clients: HKT Group Holdings Limited;