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General

Telefonica signs up banks for IPO of new infrastructure unit

Tuesday 24 May 2016 | 09:31 CET | News
Telefonica has added several banks for the forthcoming listing of its global infrastructure unit Telxius, which could raise up to EUR 4-5 billion, according to unnamed sources cited by Bloomberg. Spain's CaixaBank and Banco Bilbao Vizcaya Argentaria have been added as global coordinators for the IPO, along with Goldman Sachs Group and JPMorgan Chase, said the sources. Mediobanca, BNP Paribas, HSBC, Banco Santander, Citigroup and UBS Group will act as joint bookrunners for the IPO, added the sources. The share sale could take place as soon as July, with Telefonica keen to reduce its EUR 50.2

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Categories: General
Companies: O2 UK / Telefonica
Countries: Spain / World
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