Thursday, 25 May 2017

Telefonica to sell 40% of Telxius to KKR for €1.28bn

By Nick Wood, Total Telecom
Tuesday 21 February 17

Spanish incumbent to maintain controlling stake, operational control of infrastructure arm.

Telefonica on Tuesday agreed a €1.28 billion deal to sell a 40% stake in infrastructure arm Telxius to private equity firm KKR. The deal represents an important achievement in the Spanish incumbent's year-long plan to monetise its physical network assets. "We are delighted to have KKR on board as a long-term investment partner…

Telefonica on Tuesday agreed a €1.28 billion deal to sell a 40% stake in infrastructure arm Telxius to private equity firm KKR. The deal represents an important achievement in the Spanish incumbent's year-long plan to monetise its physical network assets. "We are delighted to have KKR on board as a long-term investment partner…

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