Sunday, 25 June 2017

Telefonica abandons Telxius IPO

By Nick Wood, Total Telecom
Friday 30 September 16

Spanish incumbent received 'inadequate' valuation of its infrastructure unit.

Telefonica has scrapped plans for an initial public offering (IPO) of its infrastructure unit Telxius. Telefonica said earlier this month that it hoped to raise up to €1.5 billion from the flotation. It aimed to sell a 36…

Telefonica has scrapped plans for an initial public offering (IPO) of its infrastructure unit Telxius. Telefonica said earlier this month that it hoped to raise up to €1.5 billion from the flotation. It aimed to sell a 36…

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