stc said to be back in Telefónica stake-building mode
Saudi operator reportedly considering increasing Telefónica stake beyond 9.9% should Spanish gov approve September 2023 share purchase.
This article includes:
- Organisations: Banco Bilbao Vizcaya Argentaria (BBVA); BlackRock; CaixaBank; Comisión Nacional del Mercado de Valores (CNMV); CriteriaCaixa; Goldman Sachs; Inveready; Ministry of Finance; PAI Partners; Public Investment Fund (PIF); Sociedad Estatal de Participaciones Industriales (SEPI); TAWAL; Telefónica Group; United Group; stc Group.
- Geographies: Bulgaria; Croatia; Europe; Middle East; Portugal; Saudi Arabia; Slovenia; Spain.
- People: Olayan Alwetaid; Carlos Cuerpo.
- Themes: Defence; Digital infrastructure; Fibre (FTTP); Regulation; Shareholder changes; Stake increase; Strategy; Towers; Voting rights.
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