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Telefonica to sell 02 for 10 bln pounds to Hutchison Whampoa - FT
January 22, 2015 / 10:22 PM / 3 years ago

Telefonica to sell 02 for 10 bln pounds to Hutchison Whampoa - FT

Jan 22 (Reuters) - Telefonica SA is set to agree to a cash deal of 10 billion pounds ($15 billion) to sell 02, its British mobile company, to Hong Kong tycoon Li Ka-shing’s Hutchison Whampoa Ltd, the Financial Times reported on Thursday.

The deal is expected to be announced as early as Friday, the FT reported, citing sources familiar with the matter. (on.ft.com/1t3ktp6) ($1 = 0.6662 pounds) (Reporting by Shivam Srivastava in Bengaluru; Editing by Richard Chang)

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