Hutchison Whampoa gets stock exchange waiver...

...but is prevented from launching an IPO of its telecoms assets until the autumn.

Hong Kong conglomerate Hutchison Whampoa was finally granted a waiver by HKEx HK Exchanges and Clearing yesterday Thursday, paving the way for a $2 billion IPO of its telecommunications assets.

Back in March, Hutch announced plans to spin off a variety of its telecommunications assets in a two stage listing process under the umbrella of Hutchison Telecom International Ltd HTIL. It proposed listing the parent company in Hong Kong and New York, then...

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