CriteriaCaixa makes another Telefónica share buy, reaching 10% target

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Spanish investment group ties with the government as operator’s largest shareholder after gradually building up its position over last two years.

This article includes:

  • Organisations: Banco Bilbao Vizcaya Argentaria (BBVA); BlackRock; CaixaBank; Comisión Nacional del Mercado de Valores (CNMV); CriteriaCaixa; Morgan Stanley; Sociedad Estatal de Participaciones Industriales (SEPI); stc Group (Saudi Telecom); Telefónica Group.
  • People: José María Abril Pérez; Isidrio Fainé Casas.
  • Themes: Investment; Mergers and acquisitions (M&A); Regulation; Shareholders and investors; Stake building.
  • Geographic: Europe; Spain.

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