All Blackrock articles – Page 2
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Venturing & Investments
DT keeps Cellnex onside with Europe infra fund expansion
Partners bring €1bn of fresh, outside investment into joint DIV II fund.
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People
Telefónica reshapes board of directors
Group cuts board seats from 17 to 15, with representation from shareholders BBVA and CaixaBank halved. Ignacio Moreno and Jordi Gual to instead shift to roles at Telefónica España and Brazil’s Vivo.
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Strategy & Change
Elsewhere in Deutsche Telekom Group: DT terminates De-Mail involvement
Last post for De-Mail; Group sees shareholder dissent over exec pay; mVAS project ticked off Pan-Net to-do list.
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Corporate
DT sees shareholder dissent over exec pay: report
Georgeson flags DT among big European companies facing increased dissent from institutional investors over exec remuneration. BlackRock unhappy about growing trend among firms to contrive large bonuses from changing previously agreed performance metrics. Unclear if DT falls into this category.
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Public Affairs
Uzan family sues Vodafone and others for $68bn
Turkish clan of business tycoons claims its assets were illegally seized and sold by the state. Vodafone’s 2005 acquisition of Telsim among the family’s grievances. Group denies all allegations of contributing to defraud the Uzans.
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People
Osborne to become Vodafone’s deal-making wingman
Ex-UK Chancellor likely to be involved in future Group acquisitions after agreeing to join M&A chaperone Robey Warshaw.
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Premium
Elsewhere in Vodafone Africa: Safaricom shareholder base sees changes
Big boys making their presence felt in Safaricom’s owner family; Loon nearing Mozambique launch.
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Premium
BlackRock drops to 5% Telefónica shareholding
BlackRock sold a tranche of its shareholding in Telefónica, reducing its stake to less than 5% of Group capital.
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