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
Korea Tobacco & Ginseng Corporation Korea Tobacco & Ginseng Corporation KT&G (originally "Korea Tobacco & Ginseng" and later "Korea Tomorrow & Global Corporation", Korean : 한국담배인삼공사, Hanguk Dambae Insam Gongsa, ) is the leading tobacco company in South Korea with annual sales over $4 billion USD. KT&G was originally a government-owned monopoly but was privatized and today is publicly traded, competing for market share with other international tobacco firms such as Philip Morris International, British American Tobacco, and Japan Tobacco. KT&G’s sales volume share was 62% of the Korean market in 2009. KT&G produces popular Korean cigarette brands such as: The One, Indigo, Arirang, This,