Spain's Telefonica said Tuesday it will sell British telecom giant O2 to Hong Kong group Hutchison Whampoa for £10 billion in a deal set to create one of Britain's biggest mobile phone firms.
"A definitive agreement has been reached after the finalisation of the process of due diligence on O2 UK," the Spanish firm said in a statement, saying the deal was worth equivalent to 14 billion euros ($15.2 billion.)
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Turkish soldier killed in Syria operationMaintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©