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Home › Hutchison to Sell U.K. Telecom Stake for $4.3 Billion

 

Hutchison to Sell U.K. Telecom Stake for $4.3 Billion

2015-05-08 07:00:14| Telecom - Topix.net

Investors will be buying stakes in Hutchison 3G UK Holdings Ltd., which will be the combined 3 UK and O2 UK businesses, Hutchison Whampoa said. Photographer: Aidan Crawley/Bloomberg Li Ka-shing's Hutchison Whampoa Ltd. said investors have agreed to pay an initial 2.8 billion pounds for stakes in its U.K. telecommunication business after the billionaire's company agreed to buy Telefonica SA's O2 unit.

Tags: sell billion telecom stake

Category:Telecommunications

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