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Home > Finance > Italy probes CK Hutchison unit on tax in 3.4 billion euro asset sale, Bloomberg News reports

Finance

Italy probes CK Hutchison unit on tax in 3.4 billion euro asset sale, Bloomberg News reports

Published by Global Banking and Finance Review

Posted on December 19, 2024

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(Reuters) - CK Hutchison Holdings's Italian telecommunications unit is the target of a probe alleging that it evaded taxes during a 3.4-billion-euro ($3.52 billion) asset sale to Cellnex Telecom SA, Bloomberg News reported on Thursday.

($1 = 0.9647 euros)

(Reporting by Urvi Dugar; Editing by Alan Barona)

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