Telefónica To Sell China Unicom Stake

Telefónica agreed to sell a 4.56% stake in China Unicom to its parent company for about €1.13 billion.

Topics:  china unicom   telefónica   sell   stake   
BING NEWS:
  • China Unicom: Telefonica To Sell Shares, Not A Statement Against Unicom
    Spanish telecom giant Telefonica (TEF) is seeking to sell its 2.5% stake in China Unicom (0762.HK/CHU) for up to $865 million, The Wall Street Journal reported. Telefonica is selling its China Unicom shares for 11.14 Hong Kong dollars to 11.34 each, a 1.2 ...
    11/10/2014 - 7:41 am | View Link
  • Telefónica Seeking to Sell China Unicom Shares for Up to $875 Million
    HONG KONG—Spain’s telecommunications firm Telefónica SA is seeking to sell a 2.5% stake in China Unicom CHU 3.45 % (Hong Kong) Ltd. for up to $875 million, according to a document seen by The Wall Street Journal. Telefónica is selling 597.8 million ...
    11/10/2014 - 2:40 am | View Link
  • Telefónica to sell China Unicom stake
    Spain’s Telefónica is reportedly looking to sell a stake in China Unicom, and expects to raise $859-$875 million from the sale. According to a term sheet seen by Reuters today, Telefónica – which holds 1.19 billion China Unicom shares – is offering ...
    11/9/2014 - 11:00 am | View Link
  • Telefonica Awakens to Debt Concern With Unicom Stake Sale
    Telefonica SA’s decision to sell half of its stake in China Unicom (Hong Kong) Ltd., paring its seven-year venture into one of the fastest-growing wireless markets, shows the burden of debt on the Spanish operator. The sale of 1.07 billion China Unicom ...
    06/11/2012 - 12:58 pm | View Link
  • Telefonica To Sell Shares Of China Unicom For $1.4B
    Telefonica SA (NYSE: TEF), Europe's largest telecommunications operator by revenue, will sell part of its stake in China Unicom (NYSE: CHU) for $1.4 billion to reduce debt as the eurozone debt crisis stresses Europe's economy and corporations based there.
    06/10/2012 - 11:37 pm | View Link
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  • Telefónica
    Telefónica is the number one Spanish multinational by market capitalisation and one of the largest private telecommunications companies in the world. It is present ...
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  • China Unicom
    China United Network Communications Group Co., Ltd. (Chinese: 中国联合网络通信集团有限公司) or China Unicom (Chinese: 中国联通), is a Chinese state ...
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