China Unicom and Telefónica will deepen their cooperation by investing the equivalent of US$500 million in the other party through the purchase of each party's shares. China Unicom will raise its interest through the acquisition of 21,827,499 Telefónica shares at an agreed value of 17.16 Euros per share. In turn, Telefonica will buy from third parties the China Unicom shares to be completed within the next 9 months. Once completed, Telefónica will...
