Why the Spanish State is making a big return to the capital of Telefonica

2023-12-22 16:02:00

Madrid acquires 10% of Telefonica’s shares, 26 years following its complete privatization. The government wants to defend its strategic interests, and above all limit the influence of the Saudi STC, which created a surprise by recently taking 9.9% of the capital of the historic operator.
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#Spanish #State #making #big #return #capital #Telefonica

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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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