Telefonica CFO: No plan to delist Telefonica Deutschland

Telefonica Deutschland Holding AG

05/12/2023 16:47

MADRID, Dec 5 (Reuters) - Telefonica  TEF.MC  has no
plan to delist Telefonica Deutschland  O2Dn.DE  following the
ongoing tender offer, Chief Financial Officer Laura Abasolo said
on Tuesday. 
    "We currently have no plans to delist Telefonica
Deutschland, Telefonica does not envisage rising the price of
this offer. This price is best and final," she said in a
statement sent to Reuters.
    Earlier this month, Spain's Telefonica announced a public
tender offer to buy the 28.19% of Telefonica Deutschland it does
not own for 2.35 euros ($2.51) per share.
    The acceptance period started on Tuesday and expires on Jan
17 2024.

 (Reporting by Inti Landauro; writing by Emma Pinedo; Editing by
Aislinn Laing)
 ((emma.pinedo@thomsonreuters.com; +918 35 68 34;))