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Hutchison wins EU antitrust nod for $2.9 billion euro Wind Tre deal

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Reuters BRUSSELS
Last Updated : Aug 31 2018 | 8:05 PM IST

BRUSSELS (Reuters) - CK Hutchison secured EU antitrust approval on Friday for its 2.45 billion euro ($2.9 billion) deal to buy out Veon from their Italian joint venture Wind Tre.

Hutchison said in July it would buy full control of the Italian venture from Veon as the Amsterdam-based telecoms operator looked to cut debt and focus on emerging markets.

(Reporting by Foo Yun Chee; Editing by David Goodman)

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First Published: Aug 31 2018 | 7:56 PM IST

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