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Stock Market & Financial Investment News

News Breaks
February 11, 2013
10:23 EDTTEFTelefonica could delay Latin America IPO, Bloomberg reports
According to sources, Telefonica (TEF) has deferred preparations for an IPO of its Latin American businesses after a bond issue and a stake sale in its German unit relieved pressure, Bloomberg reports. The company is not planning to resume the project unless there is pressure from rating companies or there is strong investor appetite. Reference Link
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