A Manchester pedestrian passes by an O2 mobile phone store, previously operated by Spain's Telefonica SA but recently acquired by Hutchison Whampoa. Photo: Bloomberg

Li Ka-shing’s conglomerate agrees to HK$118 billion takeover of Britain's O2 mobile network

Deal may be completed by next year, pending EU competition authority's approval

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A Manchester pedestrian passes by an O2 mobile phone store, previously operated by Spain's Telefonica SA but recently acquired by Hutchison Whampoa. Photo: Bloomberg
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