Core Viewpoint - CK Asset Holdings and its subsidiaries have agreed to sell their entire stake in UK Power Networks to Engie UK, marking a complete divestment of this asset by the group [1][2]. Group 1: Transaction Details - The sale involves CK Infrastructure and Power Assets Holdings, each holding 40% of UK Power Networks, while CK Asset Holdings holds 20% [1][2]. - The total shares being sold represent 100% of the issued share capital of UK Power Networks, indicating a full divestment by the CK Group [1][2]. - The sale amounts to £42.19 billion (approximately HK$443 billion) for CK Infrastructure and Power Assets, and £21.09 billion (approximately HK$221.5 billion) for CK Asset Holdings, totaling over HK$1 trillion [2]. Group 2: Historical Context and Financial Performance - UK Power Networks is the largest distribution network operator in the UK, supplying electricity to around 8.3 million homes in London and the southeast of England [3]. - The CK Group acquired UK Power Networks in 2010 for approximately £5.775 billion, with its current estimated value rising to £16.868 billion [3]. - The equity value has increased from £2.553 billion to £11.078 billion, with cumulative dividends of £4.4 billion, resulting in a cash return exceeding six times the initial investment [3].
套现超千亿港元,长和系卖掉英国电网业务