CK Hutchison will offer Hutchison Whampoa shareholders 0.684 CK Hutchison share for every Hutchison share, according to the statement. Based on the Jan. 9 close in Hong Kong, Cheung Kong is offering the equivalent of HK$85.36 for each Hutchison Whampoa share, or a 2.3 percent discount, data compiled by Bloomberg show.
The reshuffle will end Hutchison Whampoa’s 37-year history as a separate listed company, which Li kept after he became the first Chinese to control a British colonial trading company in 1979. The deal will simplify Li’s empire that has grown to stretch beyond Hong Kong, allowing investors to more easily choose between a local business and growing global assets in more than 50 countries.
William McKinley Hutchison (December 6, 1944 – September 19, 2005), better known as Willie Hutch, was an American singer, songwriter as well as a record producer and recording artist for the record label during the 1970s and 1980s.
Will Hutchison was born and raised in Edmond Oklahoma, where he lived for 18 years before moving to Norman to attend the University of Oklahoma. Will graduated from OU in May 2015 with a Bachelor of Arts degree in Communication. Will joined the KSWO team in July 2015 as the producer of the 5:00 p.m. newscast and transitioned into a reporter role in November 2015.
|Birth name||William McKinley Hutchison|
December 6, 1944|
Los Angeles, California, U.S.
|Origin||Dallas, Texas, U.S.|
|Died||September 19, 2005
Dallas, Texas, U.S.
|Occupation(s)||Singer, musician, recording artist, producer, songwriter|
|Labels||RCA, Motown, Whitfield|
|Associated acts||Norman Whitfield|