Spain approves Saudi Arabias stakebuilding in Telefónica
The Spanish government has granted approval for Saudi Arabias STC Group to buy almost 10 per cent of Telefónica and appoint a board member, more than a year after the company moved to take the stake in the telecoms group.
Posted by Hicham ALAOUI RIZQ on 2024, Nov 28
Introduction
The Spanish government has granted approval for Saudi Arabias STC Group to buy almost 10 per cent of Telefónica and appoint a board member, more than a year after the company moved to take the stake in the telecoms group.
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