Vodafone will take Hutchison deal to competition watchdog in 'coming weeks'

admin

Administrator
Jun 17, 2007
66,216
0
36
49
Canada
Vodafone will present its British merger deal with CK Hutchison to Britain's competition regulator in the coming weeks, the London-listed company's UK CEO said on Wednesday. Ahmed Essam said the companies had not pre-notified the Competition and Markets Authority about the deal. Hong Kong-listed Hutchison's Three UK boss Robert Finnegan pointed out that the planned 11 billion pound ($13.91 billion)investment in its 5G network in the UK from the merger was substantially higher than rivals'.
 
Back
Top