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EU opens probe into Hutchison takeover of Telefonica UK

October 31, 2015

BRUSSELS— The European Union will probe whether the proposed takeover of Telefonica U.K. by Hutchison of Hong Kong will abide by the bloc's antitrust rules. Hong Kong billionaire Li Ka- shing's flagship company has said it's offering about $15 billion for the British business of European mobile phone operator Telefonica. The EU Commission noted that the...

Source: http://www.cnbc.com/2015/10/30/the-associated-press-eu-opens-probe-into-hutchison-takeover-of-telefonica-uk.html
 
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