Sociedad Estatal de Participaciones Industriales completed the acquisition of 10% of stake in Telefonica for €2.42bn.

Synopsis

Sociedad Estatal de Participaciones Industriales, a sovereign wealth fund, completed the acquisition of 10% of stake in Telefonica, a Spanish multinational telecommunications company, for €2.42bn.

Principals

target

Telefonica

bidder

Sociedad Estatal De Participaciones Industriales (sepi)

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Market Context

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Seller Team (1)

josé maría álvarez-pallete lópez

CEO at TELEFONICA SA

Manager

target

Deals

£ 66.48 B

Total Value

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