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Stock Market & Financial Investment News

News Breaks
July 16, 2014
12:50 EDTTEF, TITelefonica approves sale of bonds exchangeable into Telecom Italia shares
Telefonica (TEF) announced it has approved an issue of mandatory exchangeable bonds exchangeable into ordinary shares of Telecom Italia S.p.A. (TI) for an estimated nominal amount of EUR750M and maturing in three years.
News For TEF;TI From The Last 14 Days
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October 24, 2014
06:39 EDTTITelecom Italia nears agreement to divest TIM mobile towers, Reuters says
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October 17, 2014
07:26 EDTTEFTelefonica axes 1.6K German jobs after E-Plus deal, WSJ says
As Telefonica gains E-Plus, the company's German division will reduce over 1.6K staff members in the country, according to The Wall Street Journal, citing a person familiar with the matter. Telefonica's German division employs 9.1K workers total at the moment. Reference Link

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