Hong Kong Tycoon Li Weighs London Infrastructure IPO
Hong Kong tycoon Victor Li’s CK Infrastructure Holdings Ltd., which owns energy and water utilities globally, is considering listing some U.K. assets through a London initial public offering, according to people with knowledge of the matter. CK Infrastructure is speaking with investment banks about the listing of certain U.K. holdings through a potential multibillion-dollar fund, said the people, who asked not to be identified because the information is private. The potential listing could help CK Infrastructure replenish capital after the acquisition spree, giving it more firepower to go after bigger deals in the future.