Telefonica sells Irish subsidiary O2 to Hutchison's 3 for $1 bln
DUBLIN, June 24
DUBLIN, June 24 (Reuters) - Telefonica has agreed to sell its Irish unit O2 for 780 million euros ($1 billion) to Hutchison Whampoa subsidiary 3 Ireland, Hutchison said in a statement on Monday.
The deal, which is subject to regulatory approval, includes an additional deferred payment of 70 million euros after the achievement of agreed financial targets, the statement said.
- Malaysia military tracked missing plane to west coast: source |
- Malaysia air probe finds scant evidence of attack: sources |
- Ukraine forms new defense force, seeks Western help |
- UPDATE 1-Missing Malaysian plane last seen at Strait of Malacca-source
- Freescale loss in Malaysia tragedy leads to travel policy questions