A man walks past a Telefonica building in Barcelona, July 31, 2014.
Credit: /Albert Gea
- Telefonica SA (TEF.MC) is set to agree to a cash deal of 10 billion pounds ($15 billion) to sell 02, its British mobile company, to Hong Kong tycoon Li Ka-shing's Hutchison Whampoa Ltd (0013.HK), the Financial Times reported on Thursday.
The deal is expected to be announced as early as Friday, the FT reported, citing sources familiar with the matter.
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