CK Hutchison will sell its 49% stake in VodafoneThree to its joint venture for £4.3 billion in cash, as it reshapes its portfolio. Shares rose 2.8%. The move is part of broader asset disposals to unlock value and strengthen returns amid geopolitical uncertainty. The deal, subject to UK approval, is expected to close in H2 2026. The group is also reviewing options for remaining telecom assets.

2026-05-05

CK Hutchison will sell its 49% stake in VodafoneThree to its joint venture for £4.3 billion in cash, as it reshapes its portfolio. Shares rose 2.8%. The move is part of broader asset disposals to unlock value and strengthen returns amid geopolitical uncertainty. The deal, subject to UK approval, is expected to close in H2 2026. The group is also reviewing options for remaining telecom assets.