A defeating condition for Hutchison Telecommunications (Amsterdam)'s off-market takeover bid for all of the ordinary shares it does not already own in Hutchison Telecommunications (Australia) (ASX:HTA) was fulfilled, according to a Monday Australian bourse filing.
The condition said that during, or at the end of, the offer period, Hutchison Telecommunications (Amsterdam) and its associates together have relevant interests in at least 97% of the Hutchison Telecommunications (Australia) shares.
Hutchison Telecommunications (Amsterdam) is an indirect wholly-owned unit of CK Hutchison Holdings (HKG:0001).
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