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Author Topic: Spain's Telefonica sells O2 UK to Hutchison Whampoa  (Read 474 times)

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Offline Jay9

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Spain's Telefonica sells O2 UK to Hutchison Whampoa
« on: 25 March 2015, 10:05:04 »
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The Spanish telecoms giant Telefonica said in a statement released Tuesday that Hutchison Whampoa would make an initial payment of 9.250 billion pounds (12.5 billion euros, $13.7 billion) to acquire its British O2 telecoms unit. A further 1.0 billion pounds would be paid later once O2 reaches an agreed cash flow level.

http://www.msn.com/en-gb/money/other/spains-telefonica-sells-o2-uk-to-hutchison-whampoa/ar-AA9X6TQ?ocid=mailsignoutmd

 

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