Infrastructure acquisition gambles on smart metering

01 August 2017

Billionaire Hong Kong businessman Li Ka-shing

A consortium led by Cheung Kong Infrastructure (CKI) Holdings is set to acquire German energy and water metering firm Ista, in a deal reportedly worth US$5.3 billion.

If the deal goes through, CKI – with its joint venture partner Midco 5 – will be…

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