Telefonica Deutschland spins growth angle
Telefonica began pre-marketing a €1.5bn-€3bn IPO of its German unit on Wednesday in a deal that will help emphasis its operations in a stable and growing market rather than its Spanish base while cutting debt. It is said to be selling a 20%-30% stake in a company valued at €7.5bn-€10bn.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: