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BRIEF-Hutchison decided not to sell ParkNShop, to implement China-focused strategy
October 18, 2013 / 12:48 PM / 4 years ago

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

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: link.reuters.com/waz83vFurther company coverage: (Reporting by Hong Kong and Singapore newsrooms)

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