Friday, January 23, 2015

Li Ka-shing's Hutchison to buy Telefonica UK unit for $15.4 billion

MADRID/HONG KONG (Reuters) - Li Ka-shing's Hutchison Whampoa Ltd has agreed to buy Telefonica's British mobile unit O2 for up to 10.25 billion pounds ($15.4 billion), as Asia's richest man makes his boldest bet yet to revamp his European telecoms business.






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