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EU regulator blocks takeover of UK mobile phone operator O2 | |
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May 12, 2016 BRUSSELS— The European Union's regulator has blocked the $15 billion takeover of British mobile phone operator O2 by CK Hutchison over concerns the deal would have stifled innovation and led to higher prices for consumers. The agreement to buy O2 from Spain- based Telefonica SA would have brought about the merger of two of Britain's four major operators. Source: http://www.cnbc.com/2016/05/11/the-associated-press-eu-regulator-blocks-takeover-of-uk-mobile-phone-operator-o2.html |
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