M&A Deal Summary

Hutchison Whampoa Acquires Telefónica UK

On March 24, 2015, Hutchison Whampoa acquired communications company Telefónica UK from Telefonica for 15.2B USD

Acquisition Highlights
  • This is Hutchison Whampoa’s 4th transaction in the Communications sector.
  • This is Hutchison Whampoa’s largest (disclosed) transaction.
  • This is Hutchison Whampoa’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2015-03-24
Target Telefónica UK
Sector Communications
Buyer(s) Hutchison Whampoa
Sellers(s) Telefonica
Deal Type Divestiture
Deal Value 15.2B USD

Target

Telefónica UK

Slough, United Kingdom
Telefónica UK Ltd. (dba O2) is a digital communications company.

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Buyer(S) 1

Buyer

Hutchison Whampoa

Hong Kong, China

Category Company
Sector Diversified
Employees280,000
Revenue 266.4B HKD (2020)
DESCRIPTION

Hutchison Whampoa is a multinational conglomerate committed to innovation and technology. HWL has six core businesses ports and related services, property and hotels, retail, infrastructure, energy, and telecommunications. Hutchison Whampoa is based in Hong Kong, China.


DEAL STATS #
Overall 10 of 10
Sector (Communications) 4 of 4
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-27 Hi3G Access

Stockholm, Sweden

Hi3G Access is a provider of mobile voice and broadband services in Sweden and Denmark. The company has more than 2.7 million subscribers and is recognized for its high-quality network. Hi3G Access was founded in 2001 and is based in Stockholm, Sweden.

Buy -

Seller(S) 1

SELLER

Telefonica

Madrid, Spain

Category Company
Founded 1924
Sector Communications
Employees104,142
Revenue 40.7B EUR (2023)
DESCRIPTION

Telefonica is a telecommunications group that provides fixed and mobile telephony services through networks in Spain, Europe, and Latin America. Telefonica was founded in 1924 and is based in Madrid, Spain.


DEAL STATS #
Overall 6 of 14
Sector (Communications) 4 of 9
Type (Divestiture) 6 of 13
Country (United Kingdom) 2 of 2
Year (2015) 1 of 1
Size (of disclosed) 1 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-19 Global Village Telecom SA

Curitiba, Brazil

Global Village Telecom SA (GVT) is a provider of telecommunications services in Brazil. It provides landline telephone service and broadband connectivity to both consumers and businesses.

Buy €7.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-15 Televisión Federal S.A.

Buenos Aires, Argentina

Televisión Federal S.A. is one of the main free-to-air channels in Argentina. Telefe engages in the production, distribution and sale of content and multiplatform services in Argentina. It holds nine broadcast TV licenses and two channels; one national and one International with more than 10 million subscribers. For 26 years, Telefe has maintained its leadership position with high quality content. With more than 12,000 m2 of production space, it produces its own content as well as produces for third parties, both nationally and internationally. It is present on all continents as one of the most recognized producers of Spanish-language content, currently distributed in more than 100 countries.

Sell $345M