[New post] Hutchison seeks EU okay for O2 buy amidst regulatory headwinds

sskarthik posted: "Hutchison Whampoa Ltd on Friday sought EU approval for its 10.25-billion-pound ($15.82 billion) bid for Telefonica's British mobile unit O2, the same day regulators unveiled a tougher approach towards mergers in the sector. The European Commission sa" Respond to this post by replying above this line New post on SKarthik.info Hutchison seeks EU okay for O2 buy amidst regulatory headwinds by sskarthik Hutchison Whampoa Ltd on Friday sought EU approval for its 10.25-billion-pound ($15.82 billion) bid for Telefonica's British mobile unit O2, the same day regulators unveiled a tougher approach towards mergers in the sector. The European Commission said it would decide by Oct. 16 whether to clear the deal, which would make Hutchison's Three UK business the second-biggest of the UK's three remaining network operators. The EU competition authority could either clear the deal with or without conditions or open an extensive investigation if it has serious concerns. Read more... sskarthik | September 14, 2015 at 11:05 am | Categories: Computers and Internet | URL: http://wp.me/p1eKZE-3jJZ Comment    See all comments Unsubscribe to no longer receive posts from SKarthik.info. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://sskarthik.wordpress.com/2015/09/14/hutchison-seeks-eu-okay-for-o2-buy-amidst-regulatory-headwinds-6/ Thanks for flying with WordPress.com