Research (J&T BANKA)
World markets  |  February 12, 2013 10:01:19

Telefonica SA postpones IPO of its Latin American Division

Spain's Telefonica SA, the parent company of HC2 domestic operator, has announced that for the time being postponed its IPO plan Latin American division thanks to recent events (IPO German divisions and the issuance of new bonds), which alleviate the need for further zskávání funds. Comment society itself brought nformation that added to that IPO may come back in the future and one of the reasons is interesting return for existing shareholders. The actual release of the company's financial situation is moderately favorable, however, suggest that the IPO was not prepared for attractive yield positive message initially neutralized.
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