China United Network Communications Group Company Ltd has agreed to acquire a 4.56% stake in China Unicom (Hong Kong) Ltd from Telefonica. The implied equity value of the transaction is approximately $31.013 billion.
Value: $1.4 billion
Announced: June 10 2012
| Parties involved | Legal advisers |
|---|---|
| China United Network Communications Group Company Ltd | Freshfields Bruckhaus Deringer LLP |
| China Unicom (Hong Kong) Ltd | |
| Telefonica |