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Birthday : 06/13/1928
Place of birth : Guangdong - China
Biography : Richest man in Asia and eleventh global fortune according to Forbes in 2011, Li Ka-shing is the...

Li Ka-shing Bids for English Railway Train Leasing Firm

06/16/2014 | 07:17am US/Eastern

HONG KONG, June 16, SinoCast -- Cheung Kong Infrastructure Holdings Limited (SEHK: 1038) under Li Ka-shing reportedly planned to bid for English railway train leasing service provider Porterbrook for GBP 2.5 billion or HKD 32.9 billion. Involved parties have made no response.

Last month, Cheung Kong Infrastructure teamed up with Cheung Kong (Holdings) Limited (SEHK: 0001) and spent big money in acquiring Canadian airport parking service provider Park'N Fly. Within a week later, the two teamed up with Power Assets Holdings Limited (SEHK: 0006) and purchased Australian natural gas distributor Envestra.

Currently, Li Ka-shing has held dozens of power, gas and water treatment projects in England including UK Power Networks, covering 30% local power and 22% gas distribution market.

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Latest news about Li Ka-shing 
04/20 LI KA-SHING : Li Ka-shing's conglomerates move closer to complete restructuring
03/24DJLI KA-SHING : Li Ka-shing's Record $15 Billion O2 Buyout Caps Europe Turnaround
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01/20DJLI KA-SHING : Li Ka-shing's JV to Buy U.K.'s Eversholt Rail Group
01/16 LI KA-SHING : Li Ka-shing to restructure group
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01/11 LI KA-SHING : Cheung Kong, Hutchison to reorganize asset
01/09 LI KA-SHING : Li Ka-shing to restructure group
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