Telefónica's capital discount will drive the Saudi group STC to surrender shares or undergo the anti-takeover protect | EUROtoday

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The 1.4% discount in Telefónica's capital permitted by Friday's shareholders assembly could have an necessary secondary impact: STC Group could have direct or oblique management over greater than 10% of Telefónica's capital, a proportion that essentially adjustments its technique to It's time to take management of all of your participation and grow to be one of many firm's largest shareholders, because it overcomes the anti-takeover protect.

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