Ck Hutchison Holdings Ltd · HKEX:1
Ck Hutchison — Merger or Acquisition (November 2020)
5 slides from Ck Hutchison's merger presentation, Nov 12, 2020
Slide 1: CKH Networks Tower Assets
( FETE Ali PE SE AF PR ZS CK HUTCHISON HOLDINGS LIMITED (Ancorporated in the Cayman Islands with limited liability) Stock cade: 1 CKH Networks Tower Assets
Slide 2: Disclaimer
Disclaimer The information, statements and opinions contained in this Presentation and subsequent discussion do not constitute an offer to sell or solicitation of any offer to subscribe for or purchase any securities or other financial instruments or any advice or recommendation in respect of such s
Slide 3: 100% Sale of CKH Networks & Extension of Partnership with Cellnex
100% Sale of CKH Networks & Extension of Partnership with Cellnex Total Enterprise Value: €10.0Bn Transaction Consideration Equates to c.5% pro-forma Cellnex Summary stake (1) Cash Consideration: Stock Consideration: • Pricing adjustment mechanism for €8.6Bn (86%) €1.4Bn (14%)(1) share price volatil
Slide 4: Transaction Scope and Expected Closing Schedule
Transaction Scope and Expected Closing Schedule Austria Denmark Ireland Sweden Italy UK Consideration Existing sites: 4.5k Existing sites: 1.3k Existing sites: 1.1k Existing sites: 2.3k(1) Existing sites: 8.5k Existing sites: 7.5k(2) Breakdown BTS commitment: 0.5k BTS commitment: 0.6k BTS commitment
Slide 5: Key Transaction Highlights
Key Transaction Highlights • Unlocks the underlying value of the Group’s European telecommunications tower assets 1 Unlock Value • The value of which is not fully reflected in the Group’s current share price • Improves the Group’s operational efficiency and results in an overall efficient capital al
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