International Law Office

Deals

China United Network Communications Group Company Ltd to acquire stake in China Unicom (Hong Kong) Ltd

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