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CK Hutchison Holdings

  • Vodafone takes full control of Three in £4.3bn deal

    Telecoms

    Vodafone is to take full ownership of Vodafone Three for £4.3bn in the latest twist in the blockbuster merger between two of Britain’s largest mobile networks. The FTSE 100 telecoms giant said it will buy out the 49 per cent stake held by CK Hutchison, the Chinese owner of Three, to give it full control [...]

    ASA concluded that Three had clearly established the basis of its claim and did not breach any advertising regulations.
  • Northumbrian Water: Revenue nears £1bn as supplier returns to profit

    Business

    Revenue at Northumbrian Water jumped towards £1bn as the supplier returned to the black during its latest financial year. The Durham-headquartered company has reported a revenue of £952.4m for the year to 31 March, 2024, up from the £899.9m it posted for the prior 12 months. Newly-filed accounts with Companies House also show the business [...]

    Northumbrian Water has made its first pre-tax profit since 2020. (Photo by Cate Gillon/Getty Images)
  • The Perfume Shop: ‘Cool efficiency’ helps retailer weather soaring costs

    RETAIL

    The Perfume Shop said that "cool efficiency" allowed it to weather a challenging retail market to grow its revenue to more than £300m, according to newly-filed documents.

    The Perfume Shop increased its revenue to £302m in 2023, up from just over £289m in the year before

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