Intel increases stake in PCCW

The US chipmaker may boost its shareholding in the telecommunications group via a $100 million Secured Redeemable Exchanageable Bond (SREB).
January 14, 2002

Under the lead management of DBS Bank, Intel Capital, the strategic investment arm of Intel Corp, has purchased an exchangeable into PCCW that stands to increase its stake by a further 1.4%.

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