EU Competition Commission Rejects 3's Acquisition of O2; Telefonica's Shares Undervalued

M&A Reporting, CTFN

Jonathan Spitzer

M&A Reporting

CTFN

Bringing the marketplace leading coverage of mergers, events, and major corporate actions, CTFN has a team of seasoned reporters from Los Angeles to London, publishing news that advances stories that matter to event-driven investors and deal professionals.

Event-Driven

<p>Chances that CK Hutchison’s possible appeal of the European Commission’s decision to block its UK merger with Telefonica’s O2 will succeed are scant, UK lawyers told CTFN.  An appeal will take at least a year to be decided upon, so it would almost certainly not save the deal even if Hutchison were to win.</p>

Chances that CK Hutchison’s possible appeal of the European Commission’s decision to block its UK merger with Telefonica’s O2 will succeed are scant, UK lawyers told CTFN.  An appeal will take at least a year to be decided upon, so it would almost certainly not save the deal even if Hutchison were to win.

Hutchison Stands Slim Chance of Winning EC Appeal

CK Hutchison Holdings

Hutchison Stands Slim Chance of Winning EC Appeal