Equity firms eye Hong Kong’s HKBN

19 May 2022

Hong Kong fixed broadband provider HKBN could be the subject of takeover bids from several private equity firms. A report from Bloomberg links KKR, PAG and Stonepeak as potential buyers. Deliberations are at an early stage, and there is no certainty the funds will proceed with formal bids, the report added. HKBN’s current shareholders include MBK Partners and TPG.

Hong Kong, Hong Kong Broadband Network (HKBN)