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World markets  |  December 05, 2012 09:21:57

Telefónica SA could sell 10-15% of its Latin American division in the form of IPO


It has long been speculated about the possibility that Telefónica SA sold a 10-15% stake in its Latin American subsidiary companies through initial public (IPO). Yesterday, however, said management told reporters in Sao Paulo. This would be in line with the company's restructuring process, which should help reduce the debt of the company.

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Telefónica SA by mohla prodat 10-15% své latinskoamerické divize formou IPO

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