Telefonica to make delisting offer regarding German unit
07/03/2024 07:36
MADRID, March 7 (Reuters) - Spain's Telefonica TEF.MC
said on Thursday it has decided to make a public delisting
acquisition offer to acquire the shares in its German unit
Telefonica Deutschland O2Dn.DE it does not hold.
"The delisting offer could be accepted in respect of up to
168,076,494 Telefonica Deutschland shares (corresponding to
approximately 5.65% of the share capital and voting rights in
Telefonica Deutschland), which corresponds to the stake in
Telefonica Deutschland not already held by the Telefonica
Group," it said in a statement sent to Spain's stock regulator.
(Reporting by Joan Faus; editing by Jason Neely)
((joan.faus@thomsonreuters.com;))
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Telefonica to make delisting offer regarding German unit