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Stock Market & Financial Investment News

News Breaks
May 7, 2014
06:40 EDTTEFTelefonica seeking to raise stake in pay TV provider, NY Times reports
Spanish telecom company Telefonica (TEF) has offered to pay about $1B to raise its stake in Spanish pay TV provider Digital Plus to 56%, Telefonica stated last night, according to The New York Times. Telefonica already has a 22% stake in Digital Plus, the newspaper noted. Reference Link
News For TEF From The Last 14 Days
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July 18, 2014
07:10 EDTTEFTelefonica smaller Telecom Italia share could cut Brazil worries, Reuters says
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July 16, 2014
12:50 EDTTEFTelefonica approves sale of bonds exchangeable into Telecom Italia shares
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July 14, 2014
14:58 EDTTEFKKR mulls sale of German telco Versatel, WSJ says
Private equity firm KKR (KKR) is thinking about selling its German telecommunications company Versatel GmbH, says the Wall Street Journal. If a sale process is initiated it may open the door to bids from UK's Vodafone (VOD) or potentially Telefónica (TEF), added the Wall Street Journal. Reference Link

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