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Telefónica, S.A. (TEF)

NYSE - Nasdaq Real Time Price. Currency in USD
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4.2500+0.0300 (+0.71%)
As of 12:28PM EDT. Market open.
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  • Reuters

    Spanish government signals openness to TAQA's bid for Naturgy

    Spain on Friday signalled it was open to a potential takeover bid of energy firm Naturgy by Abu Dhabi's TAQA, saying that while the government will defend its strategic interests that did not imply it would block the deal. TAQA confirmed on Wednesday it is in discussions with the three largest shareholders of Naturgy about a possible bid for the largest natural gas firm in Spain. Given Naturgy's strategic role in the country's energy system, the government by law must have a say on such a deal.

  • Reuters

    Spanish holding company Criteria raises stake in Telefonica to 5%

    Spanish holding vehicle Criteria, the main shareholder in Caixabank, announced on Monday it had raised its stake in Spanish telecoms company Telefonica to 5.007% from a previously reported 2.69%. Criteria did not say how much it paid, but a 5% stake in Telefonica has a current market value of slightly more than 1.14 billion euros ($1.24 billion). Criteria said its stake in Telefonica was of a "strategic and long-term nature" and its objective was to provide the company with the "greatest shareholder stability."

  • Insider Monkey

    15 Biggest Spanish Companies

    In this article, we will discuss the 15 biggest Spanish companies. If you want to skip our analysis, you can proceed to the section highlighting the 5 Biggest Spanish Companies. Economy of Spain According to a report by the European Commission, the Spanish economy is projected to grow at 2.5% in 2023, 1.7% in 2024, […]