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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
News For TEF From The Last 14 Days
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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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