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General

Telefonica Germany plans JV with Allianz to finance infrastructure investments - report

Monday 19 October 2020 | 10:35 CET | News
Telefonica is planning to set up a joint venture with insurer Allianz to finance infrastructure expansion in Germany, Reuters reported, citing Expansion. The companies will own half of the JV each, the report added. Telefonica wants to team up with the private equity arm of German insurer Allianz ALVG.DE to finance EUR 5 billion infrastructure investment.

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Categories: General
Companies: Allianz / Telefonica Germany
Countries: Germany
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