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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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November 14, 2014
11:58 EDTTEFVivendi reports Q3 EBITA EUR 310M vs. EUR 295M last year
Reports Q3 revenue EUR 2.41B vs. EUR 2.43B last year. Vivendi (VIVHY) said, having received the authorization granted by the French Competition Authority on October 27, the completion of the merger between SFR and Altice/Numericable Group should take place on November 27. In addition, following the agreement signed on September 18, the completion of the acquisition of GVT by Telefonica (TEF) is expected during the second quarter of 2015.

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