Cornerstones take 16 percent of China Tower's $8.7 billion HK IPO: sources

HONG KONG (Reuters/IFR) - China Tower, the world’s largest telecoms tower operator, has lined up $1.4 billion from 10 cornerstone investors for its Hong Kong IPO of up to $8.7 billion, in what would be the world's biggest listing in four years, people close to the deal said.

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