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Deals Rumor Mill: Hutchinson Whampoa, Orange

By Chelsea Naso (May 16, 2014, 8:28 PM EDT) -- Regulators are set to greenlight Hong Kong-based Hutchison Whampoa Ltd.'s $1 billion bid for Telefonica SA's Irish business 02 Ireland, as soon as Hutchison signs a separate deal creating a fourth mobile operator in Ireland, sources told Reuters on Thursday. The deal would see the conglomerate, controlled by Asia's richest man, Li Ka-shing, reinforce its position in Europe, where it operates in six countries. The Telefonica deal is just one of three mergers under examination by Europe's watchdog, the European Commission....

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