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   
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    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 ...
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