Hong Kong tycoon Woo's Wharf agrees to sell telecom unit to TPG, MBK for $1.2 billion: source

HONG KONG (Reuters) - Hong Kong tycoon Peter Woo's Wharf Holdings Ltd has agreed to sell its telecom business to a consortium of TPG Capital Management LP and MBK Partners for HK$9.5 billion ($1.22 billion), a person familiar with the matter told Reuters on Tuesday.

Hong Kong tycoon Woo's Wharf agrees to sell telecom unit to TPG, MBK for $1.2 billion: source
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