Telefonica Sells CentAm Stake to Pay Debt
Spain’s Telefonica has agreed to sell 40% of its assets in El Salvador, Guatemala, Nicaragua and Panama to Guatemalan family-owned conglomerate Corporacion Multi Inversiones for $500m, it says, to raise funds to pay off debt. The process will involve creating a holdco for the assets in these countries, and...
Already have an account?
Subscribe now for unlimited access to all current and archive news, data and market analysis.
Take a free two-week trial now for the latest news, data and market analysis.