Hutch completes deal with Etisalat

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On 30 November 2018, Emirates Telecommunications Group Company PJSC (“Etisalat Group”) has completed the sale of its 100% shareholding in Etisalat Lanka (Private) Limited (“ESL”) to Hutchison Telecommunications Lanka (Private) Limited (“Hutch Lanka”).

Upon completion of the sale, CK Hutchison Holdings Limited group will have a majority and controlling stake of 85% whilst Etisalat Group will have 15% ownership of Hutch Lanka.

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