Telefonica divests China Unicom stake
Spanish telecom operator offloads half its stake to fund acquisitions in Europe and Latin America.
November 10, 2014
Spanish telecommunications operator Telefónica Internacional raised HK$2.8 billion ($365 million) from the sale of more than half its remaining stake in China Unicom on Saturday to help reduce its debt.
Registered users get 2 free articles in 30 days.
Subscribers have full unlimited access to FinanceAsia.
Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
Questions?
See here for more information on licences and prices, or contact [email protected].