Financial Times FT.com

Li risks veto by minority investors in PCCW

By Justine Lau in Hong Kong, Tom Mitchell in Zhuhai and Sundeep Tucker in Mumbai

Published: November 5 2008 17:15 | Last updated: November 5 2008 17:15

Richard Li and his Chinese state-owned partner face a battle to clinch the proposed $2bn takeover of PCCW, the Hong Kong telecommunications company, amid signs that minority shareholders will reject the offer price as too low.

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