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:
  • Telefonica Vends Another 2.5% Stake in China Unicom
    In Jun 2014, Telefonica sold a 4.56% stake in China Unicom for approximately $1.4 billion. Post this stake sell, the company is left with a 2.5% stake in China Unicom which however cannot be offloaded over the next three months. Telefonica currently ...
    11/12/2014 - 5:34 pm | View Link
  • Telefonica Vends Another 2.5% Stake in China Unicom
    In Jun 2014, Telefonica sold a 4.56% stake in China Unicom for approximately $1.4 billion. Post this stake sell, the company is left with a 2.5% stake in China Unicom which however cannot be offloaded over the next three months. Telefonica currently ...
    11/12/2014 - 1:50 pm | View Link
  • 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 ...
    11/11/2014 - 1:35 am | 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 seeks up to $875 mln by selling China Unicom stake -term sheet
    Telefonica held about 1.19 billion China Unicom shares, or a stake of about 4.98 percent, prior to Monday's sell down, according to Thomson Reuters data. Telefonica declined to comment. Bank of America is the sole placement agent, the term sheet showed.
    11/10/2014 - 2:44 am | View Link
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