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Hutchison Whampoa in talks to acquire O2 – Consolidation on the Horizon

POSTED BY Steffen Sorrell
News has emerged today that Hutchison Whampoa is in talks with Telefónica with regards to a potential acquisition of the latter’s subsidiary, UK operator O2. The deal, which is unlikely to be inked for some weeks owing to an exclusivity agreement, is reported to be worth up to $15.3 billion.