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General

Telefonica confirms several offers for Telxius

Monday 13 February 2017 | 10:38 CET | News
Telefonica has received several offers to acquire a stake in its infrastructure subsidiary Telxius, according to a short statement filed with Spanish market regulator CNMV. The company said it's in the process of negotiating and analysing the various options available for the Telxius stake around four months after it abandoned an IPO due to the unfavourable market situation. Reuters previously reported that the company is in advanced talks with a number of private equity firms, including KKR, CVC and Ardian, plus sovereign fund GIC, to sell a 49 percent stake in Telxius for at least EUR 1.47

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Categories: General
Companies: Telefonica / Telxius
Countries: Spain
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