Home > M&A deals 2007 > Hutchison Whampoa Ltd. and Cheung Kong (Holdings) ltd. acquire a stake in iBusinessCorporation.com Ltd.
Stake Purchase · Internet Software and Services · July 2007

Hutchison Whampoa Ltd. and Cheung Kong (Holdings) ltd. acquire a stake in iBusinessCorporation.com Ltd.

On July 27, 2007, Hutchison Whampoa Ltd. and Cheung Kong (Holdings) ltd. acquired a stake in iBusinessCorporation.com Ltd., an internet software and services company in Hong Kong, from HSBC Holdings plc and Hang Seng Bank Ltd.

Deal at a glance

AnnouncedJuly 27, 2007 TypeStake Purchase TargetiBusinessCorporation.com Ltd. Buyers Hutchison Whampoa Ltd.
Cheung Kong (Holdings) ltd. Sellers HSBC Holdings plc
Hang Seng Bank Ltd. SectorInternet Software and Services LocationHong Kong ValueMembers only

Target company

iBusinessCorporation.com Ltd.
Hong Kong
Internet Software and Servicessector
-founded
Activestatus
View the company profile →

Buyers (2)

Hutchison Whampoa Ltd. Lead
Company · 12 deals on record
Cheung Kong (Holdings) ltd. Co-investor
Company · 14 deals on record
  • 1st transaction for the lead buyer in internet software and services
  • 1st transaction in Hong Kong
12deals, all time
1in this sector
2015latest

Sellers (2)

HSBC Holdings plc
Company · 17 deals on record
Hang Seng Bank Ltd.
Company · 1 deal on record
17investments
2in this sector
12exits

Members only

Contact details at the buyers and sellers
The full deal history of every party
Co-investors and the other advisors on this deal
Deal value and revenue or EBITDA multiples

Questions about this deal

Who acquired iBusinessCorporation.com Ltd.?Hutchison Whampoa Ltd. and Cheung Kong (Holdings) ltd. acquired a stake in iBusinessCorporation.com Ltd. on July 27, 2007.

Who sold iBusinessCorporation.com Ltd.?HSBC Holdings plc and Hang Seng Bank Ltd. were the sellers.

What type of deal was it?It was a stake purchase in the internet software and services sector in 2007.

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