Hong Kong billionaire Li Ka-shing is said to be closing in on a £3.7B ($6B) deal to buy...

|By:, SA News Editor

Hong Kong billionaire Li Ka-shing is said to be closing in on a £3.7B ($6B) deal to buy E.On's (EONGY.PK) U.K. power networks, edging out PPL Corp. (PPL), the last remaining rival in the auction.