Hutchison eyes Multipolar<\/p>\n
HONG KONG (Dow Jones): Hong Kong conglomerate Hutchison
\nWhampoa Ltd. is in talks with the Lippo Group of Indonesia, the
\ncompany confirmed Friday, but declined to say what the talks are
\nabout.<\/p>\n
Various newspapers have recently reported that Hutchison is
\nlooking to buy up to 20 percent in Lippo unit PT Multipolar
\nCorp., Indonesia's sole provider of broadband telecommunication
\nlinks.<\/p>\n
"We are in discussions, but it's too premature to make any
\nfurther comments at the time being," a Hutchison spokeswoman
\nsaid.<\/p>\n
Lippo deputy chairman James Riady told the Singapore Business
\nTimes Thursday that Hutchison is "very keen" to team up with his
\ncompany, but added that no deal has been struck yet.<\/p>\n
A link-up between the two companies would create Indonesia's
\nlargest Internet services and cellular phone provider, the paper
\nsaid.<\/p>",
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