Tag: Hutchison Whampoa

O2 sold. Three owners now have another network to play with.

As expected, O2 is now under new ownership. The people behind Three, Hutchison Whampoa, have now signed the deal to acquire Telefónica’s UK operation – O2 UK. Due diligence is complete and the final purchase price is £10.25 billion (€14 billion). This will be made up of £9.25 …

Hutchison Whampoa rumoured to be closing O2 deal tomorrow

Remember back in January when we revealed that Hutchison Whampoa were in talks to buy O2? It’s now looking like the deal has been sealed, and further details will be revealed in the morning. Three owners, Hutchison Whampoa, are set to announce the deal in just a few …

BREAKING – O2 sell to Three owners for £10bn

Sources have confirmed to the Financial Times that Telefónica (O2 UK) is about to be purhcased by Hutchison Whampoa (Three) for “more than £10bn”. The move comes after rumours of the deal surfaced earlier this week. According to the newspaper there’ll be an official announcement tomorrow (January 23rd) …