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EXPLAINED: 3 | Vintage Vibes

Morning Brief: Top Financial Stories Dominating on Thursday, May 12

CNBC Instacart Confidentially Files For US IPO

Benzinga

Vodafone Mulls Merging UK Unit With CK Hutchison's Three

Telecoms group Vodafone Group Plc (NASDAQ:VOD) is in talks to combine its U.K. operations with Three UK, the mobile operator owned by Hong Kong infrastructure conglomerate CK Hutchison Holdings LTD (OTC:CKHUY), the Financial Times reports. The deal could help consolidate the British mobile market as Vodafone faces pressure from Europe’s most prominent activist investor, Cevian…

Benzinga

Buyer of Three network owner to sell 1,000 mobile towers to allay price fears

Competition and Markets Authority said £8.6 billion European deal for CK Hutchison will only be allowed if it sells off parts of the network in UK.

The Independent UK

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Council challenged over refusal of new 5G mast in Perth

CK Hutchison Networks (UK) sought approval to position the mast on a path next to Dunkeld Road last year but the local authority refused saying it "would tower above all surrounding features"

Daily Record

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