CaixaBank bids farewell to remaining Telefónica stake

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Spanish investment group sheds last slice of operator’s share capital, after gradually reducing its position over last three years.

This article includes:

  • Organisations: Banco Bilbao Vizcaya Argentaria (BBVA); BlackRock; CaixaBank; Comisión Nacional del Mercado de Valores; CriteriaCaixa; Morgan Stanley; Sociedad Estatal de Participaciones Industriales (SEPI); stc Group (Saudi Telecom); Telefónica Group.
  • People: Jose María Abril Pérez; Isidro Fainé Casas.
  • Themes: Government; Investment; Investors and shareholders; Mergers and acquisitions (M&A); Regulation; Shareholder stability.
  • Geographic: Europe; Spain.

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