TELEFONICA NOW CONTROLS 95.46% OF 02.

• Position: Acquisition deal - Brief Article

The Spanish telecoms giant Telefonica has announced in a press release that it has received acceptances from shareholders representing 86.94% of O2's capital for the takeover of the British mobile telephony operator. This means that added to the 8.52% it already holds, it now controls 95.46% of O2 the UK operator. In a statement delivered to the...