czwartek, 20 marca 2014

EU seeks feedback to Hutchison concessions for 02 Ireland buy

Logo of Hutchison Whampoa Ltd is displayed at one of the company's office towers in Hong Kong EU antitrust regulators are seeking industry feedback over concessions offered by Hutchison Whampoa to secure approval for its $1 billion bid for Telefonica's 02 Ireland, two people familiar with the matter said on Thursday. Hong Kong-based conglomerate Hutchison Whampoa submitted fresh concessions to the European Commission earlier this week after a March 5 proposal failed to satisfy the European Union authority, said one of the people, declining to provide details. The company is prepared to sell radio spectrum and continue a network sharing agreement with rival eircom's subsidiary Meteor, the third-biggest operator in Ireland, a source familiar with the matter told Reuters last month. The deal is a sign of how tough the European Commission will be on telecoms mergers, especially over a bigger deal in Germany where Telefonica Deutschland wants to buy KPN's E-Plus for 8.6 billion euros.








via Tech News Headlines - Yahoo News http://ift.tt/PUyOSQ

Brak komentarzy:

Prześlij komentarz