BRIEF-Hutchison decided not to sell ParkNShop, to implement China-focused strategy

Fri Oct 18, 2013 8:44am EDT

Oct 18 (Reuters) - Hutchison Whampoa Ltd

* Says has decided not to pursue a private sale of its ParkNShop business, to continue to implement accelerated growth strategy with focus in mainland China

* Says sale of ParkNShop by way of a private market transaction at this time won't deliver maximum value to shareholdersSource text in English: company coverage: (Reporting by Hong Kong and Singapore newsrooms)