10-05-2016 18:50 - edited 11-05-2016 11:28
10-05-2016 18:50 - edited 11-05-2016 11:28
It's not looking promising. Meeting is today.
http://www.ft.com/cms/s/0/7958a956-15f4-11e6-9d98-00386a18e39d.html#axzz48HBZG1Ua
Edit: News as of this morning: http://www.bbc.co.uk/news/business-36266924
on 11-05-2016 12:23
on 11-05-2016 12:23
on 11-05-2016 13:01
on 11-05-2016 13:01
Hi guys,
You can find an official statement from O2 regarding the Hutchison deal here:
http://news.o2.co.uk/?press-release=commissions-decision-three-uko2-merger
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on 11-05-2016 13:15
on 11-05-2016 13:15
on 11-05-2016 13:18
on 11-05-2016 13:18
I don't see exactly what O2 will be doing now. They need some major investment as they just seem to have been in a status quo while they have been waiting for this decision.
on 11-05-2016 13:59
on 11-05-2016 13:59
on 11-05-2016 14:25
@Bambino wrote:I think 'considering' is the optimum word in your post @Anonymous. A legal challenge would cost a great deal of money. Three would have to weigh that up with the chance of actually winning, and in light of this decision, the odds wouldn't be to their advantage.
They've got very deep pockets, and their legal team will be working overtime right now, to determine whether they have a serious chance of overturning that decision.
But I'd be surprised if they give up the fight just yet.on 11-05-2016 14:42
on 11-05-2016 14:42
on 11-05-2016 14:50
on 11-05-2016 14:50
I think it's all a wait and see scenario now....I would be surprised if this decision hasn't knocked O2 for six if honest.
Veritas Numquam Perit
11-05-2016 14:55 - edited 11-05-2016 14:56
11-05-2016 14:55 - edited 11-05-2016 14:56
Telefonica aren't going to invest in O2 - If any merger is gonna be blocked then an independent buyer needs to be found and fast!
11-05-2016 14:59 - edited 11-05-2016 15:20
11-05-2016 14:59 - edited 11-05-2016 15:20
They wouldn't have any reason to block Liberty Global though would they?
Veritas Numquam Perit