(Bloomberg) -- PCCW Ltd., a telecommunications, media and technology conglomerate controlled by billionaire Richard Li, is mulling a significant minority stake sale in its fiber business for about $1 billion, according to people familiar with the matter.Most Read from BloombergCharlie Munger, Who Helped Buffett Build Berkshire, Dies at 99Musk’s Cybertruck Is Already a Production Nightmare for TeslaHamas Releases 12 Hostages Despite Claims of Truce ViolationsBillions Wiped Out as Stock-Safety Tra
(Bloomberg) -- Viu, the streaming unit of Hong Kong billionaire Richard Li’s business empire, is considering an Asian expansion and creating more premium content through a partnership with Canal+ that could see the French broadcaster eventually invest $300 million in the firm.Most Read from BloombergUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksWall Street WhatsApp, Texting Fines Exceed $2.5 BillionMusk Says He May Need Surgery, Will Get MRI on Back and NeckWeWork Tumbles After Rais
(Bloomberg) -- Canal+, the French broadcaster owned by billionaire Vincent Bollore’s Vivendi SE, has agreed to buy a significant minority stake in Hong Kong-listed PCCW Ltd.’s Viu unit as part of a partnership agreement between the two media groups.Most Read from BloombergSilence Cloaks Kremlin After Russian Mutiny Against PutinRussia Latest: Zelenskiy Adviser Says Wagner Remains in UkrainePrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesThe Wagner Mutiny Foreshadows a Russian Def