We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Name | Symbol | Market | Type |
|---|---|---|---|
| Telefonica SA | NYSE:TEF | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 4.51 | 0 | 11:05:44 |
From Jul 2023 to Jul 2024
By Adria Calatayud
Saudi Telecom Co. has taken a 9.9% stake in Telefonica, but doesn't have an intention a to buy controlling interest in the Spanish telecommunications group, the companies said late Tuesday.
Telefonica said STC built its stake through a direct acquisition of a 4.9% interest in the company and through financial instruments that provide an exposure over a further 5% of its share capital.
"Telefonica takes note of STC's friendly approach and its support to the management team, Telefonica's strategy and ability to create value," the Spanish company said.
STC separately said it doesn't have an intention to acquire control or a majority stake in Telefonica.
Write to Adria Calatayud at adria.calatayud@dowjones.com
(END) Dow Jones Newswires
September 06, 2023 01:43 ET (05:43 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
1 Year Telefonica Chart |
1 Month Telefonica Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
