Telefonica finalizes $15 billion sale of UK unit to Hutchison
March 24, 2015 at 14:27 PM EDT
LONDON (Reuters) - Spain's Telefonica said it had finalised a deal to sell its British mobile business O2 to Li Ka-shing's Hutchison Whampoa for 10.25 billion pounds ($15.2 billion), confirming details announced earlier this year.