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. | 
| 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 | 
 | ||
| Subsector (Old TTR Sectors) | 
 | ||
| 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 | 
 | ||
| Subsector (Old TTR Sectors) | 
 | ||
| Primary Sector (TTRSC) | 60.02.01 Integrated Communication Services 60 Telecommunications / 60.02 Telecommunications & Networking Services | ||
| Country |   | ||
| Website |   | ||
| Description |   | 
Legend:
         Verified: Confirmed as a party to an active or possible transaction.
 Verified: Confirmed as a party to an active or possible transaction.    
         Potential: Unconfirmed as a party to an active or possible transaction.
 Potential: Unconfirmed as a party to an active or possible transaction.    
 Retained: Confirmed as “Retained” with a general or specific mandate.
 Retained: Confirmed as “Retained” with a general or specific mandate.    
 Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
 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.
                                                                                                 
  
   
          
          
         
                                             
                                        
