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 ...
    11/10/2014 - 11:16 pm | View Link
  • Telefónica aims to sell $875m China Unicom stake
    Telefónica wants to sell close to half its stake in China Unicom, the Chinese mobile operator, for as much as $875m, as the Spanish group rebuilds its financial position ahead of potential deals in Latin America. The telecoms group has set out terms to ...
    11/10/2014 - 3:40 am | View Link
  • Telefonica to sell China Unicom stake for USD 875 mln
    Telefonica is looking to sell around half of its five percent stake in Chinese mobile operator China Unicom for as much as USD 875 million. The Spanish group is offering 597.8 million China Unicom shares at HKD 11.14 to HKD 11.34 each, according to ...
    11/10/2014 - 1:37 am | View Link
  • Telefonica to Sell Shares Back to China Unicom for $1.4 Billion
    Telefónica, the largest European telecommunications operator by revenue, has agreed to sell back a 4.56 percent stake in China Unicom, part of an effort by Telefónica to reduce debt as the European financial crisis continues to hurt earnings in its main ...
    06/11/2012 - 3:01 am | 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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