O2 (UK) billion (£2 per share) in cash. It went through finally in 2006. According to the merger announcement, O2 retained its name and continued to be based in the United Kingdom, keeping both the brand and the management team. The merger became unconditional on 23 January 2006. Following the acquisition of O2, Telefónica undertook a corporate organisational change that saw the merging of its fixed and mobile businesses in Spain, and the transfer of Telefónica's non-Spanish European telecommunications properties into the O2 brand. Thus, the Český Telecom and Eurotel operations in the Czech Republic as well as the Telefónica Deutschland business
The Travel Corporation of Cullinan Holdings Ltd, one of South Africa's oldest public companies, and which owns household travel brands such as Thompsons Africa, Thompsons Holidays, Thompsons Touring & Safari, Hylton Ross Tours, Planet Africa, Gateway Tours, Pentravel as well as Marine businesses Manex and Central Boating. The Travel Corporation is also a significant shareholder in Wilderness Safaris. The Travel Corporation, which has been trading for over fifty years, was founded by the current Chairman, Stanley Tollman. The Company is wholly owned by members of the Tollman family, four generations of which are actively involved with the business. In 2008 Stanley Tollman pleaded