By Foo Yun Chee BRUSSELS (Reuters) – Hong Kong-based Hutchison Whampoa got the approval of the European Unions competition authority on Wednesday for its $1 billion bid for Telefonicas Irish mobile business in a case that could set the regulatory tone for Telefonicas bigger pending German merger deal. Approval of the Hutchison takeover and Telefonica […]
By Foo Yun Chee BRUSSELS (Reuters) – Hong Kong-based Hutchison Whampoa gained European Union regulatory approval on Wednesday for its $1 billion bid for Telefonicas Irish business after agreeing to aid two smaller rivals in Ireland. Hutchison, controlled by Asias richest man, Li Ka-shing, is looking to strengthen its position in Europe where it operates […]
EU antitrust regulators are seeking industry feedback over concessions offered by Hutchison Whampoa to secure approval for its $1 billion bid for Telefonicas 02 Ireland, two people familiar with the matter said on Thursday. Hong Kong-based conglomerate Hutchison Whampoa submitted fresh concessions to the European Commission earlier this week after a March 5 proposal failed […]
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