Li Ka Shing

Criticized for selling Chinese assets, the Hong Kong tycoon has poured some $1 billion into Shantou University, which he founded in 1981.
Welcome to the weekend, everybody. Here are this week’s top stories.
Here’s some reading for your weekend.
Li Ka-shing boosts his overseas holdings, Björk fights for Iceland’s environment, Pope Francis slams commodities speculation and more.
Waze Ltd, the social traffic and navigation community, has raised $30 million through an additional round of venture capital funding.
Cheung Kong Holdings has raised $416.67 million in a sale of senior perpetual bonds.
Hong Kong tycoon Li Ka-shing is buying U.K. utility Northumbrian Water Group for £2.4 billion.
The charity foundation of Li Ka-shing, a Hong Kong billionaire, will invest in a China-focused private equity fund, Boyu Capital.
Hong Kong billionaire, Li Ka-shing, is close to a £3.7 billion deal for E.ON’s U.K. power networks.
The U.K. power networks of E.ON may receive a £3.5 billion bid from Hong Kong billionaire, Li Ka-shing.