Telefonica Selling China Unicom Stake, Valued at $367 Mln: Terms
Source: BFW (Bloomberg First Word)
Tickers
762 HK (China Unicom Hong Kong Ltd)
TEF SM (Telefonica SA)
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UUID: 7947283
(Bloomberg) -- Sale of shares is being offered at HKD7.75 to HKD7.85, according to terms obtained by Bloomberg News.
Alert: HALISTER- Sale began today and has demand for all shares on offer, people familiar with the matter said.
- Size of sale is $362 mln to $367 mln: terms
- Bank of America is managing sale for company: terms
- An official for Telefonica declined to comment
- NOTE: Telefonica of Spain Sells $860 Million Stake in China Unicom NSN NEU2LC6TTDS2
Source: BFW (Bloomberg First Word)
Tickers
762 HK (China Unicom Hong Kong Ltd)
TEF SM (Telefonica SA)
To de-activate this alert, click here
UUID: 7947283