Radar > 242301

Telefónica could sell 1% of China Unicom for EUR 270m

Telefónica podría vender el 1% de China Unicom por EUR 270m

Intel ID : 242301
Synopsis

Telefónica (BME:TEF), a Spain-based telecommunications company, may be interested in selling a 1% stake in China Unicom (SEHK:762) in a transaction worth around EUR 270m, reported El Economista on 7 November, 2016, citing a document sent by the company to regulator Comisión Nacional del Mercado de Valores (CNMV).

Last July, Telefónica International (a Telefónica subsidiary) already announced the sale of 1.51% of the China-based company (see related transaction) for approximately EUR 322m.
(content in spanish)

Telefónica (BME: TEF), empresa de telecomunicaciones española, podría estar interesada en desprenderse de su participación del 1% en China Unicom (SEHK: 762), operación con la que podría ingresar en torno a EUR 270m, según ha informado El Economista el 7 de noviembre de 2016, basándose en un documento remitido por la compañía a la Comisión Nacional del Mercado de Valores (CNMV).

El pasado mes de julio, Telefónica Internacional (filial de Telefónica) ya había anunciado la venta del 1,51% del capital social de la compañía china (ver transacción relacionada) por un importe aproximado de EUR 322m.

Target

Seller


Intel ID 242301
Value EUR 270,00m (Approx.)
Native Currency Euro (EUR)
Financial Data - China Unicom
(31 Dec 2011)
Revenue: EUR 25.636,98m
EBITDA: EUR 7.771,98m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
potential
Subsector (Old TTR Sectors)
Technology and Telecoms / Telecoms (Primary)
Primary Sector (TTRSC)
60.02.03 Wireless Communications Services
60 Telecommunications / 60.02 Telecommunications & Networking Services

Secondary Sectors (TTRSC)
60.02.02 Satellite Communications Services
60 Telecommunications / 60.02 Telecommunications & Networking Services

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Technology and Telecoms / Telecoms (Primary)
Primary Sector (TTRSC)
60.02.01 Integrated Communication Services
60 Telecommunications / 60.02 Telecommunications & Networking Services

Country
Website
Description

Equity Capital Markets

Date Issuer/Buyer Type Country VALUE (EURm) Subsector    

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.