Sepi could already have another 2% of Telefónica through financial derivatives

The Executive’s intention would be to bring out “shortly” that additional 2% deposited in a swap and place the State’s participation in the company at 5%.

The State Society of Industrial Participations (SEPI) , an entity dependent on the Ministry of Finance and through which the Government already owns 3.044% of Telefónica’s share capital, would have parked another 2% more in financial derivatives , p

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