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Telefónica sells 7% of Prisa for 34 million

Telefónica disposes of most of its participation in Prisa.

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Telefónica sells 7% of Prisa for 34 million

Telefónica disposes of most of its participation in Prisa. The teleco has sold 7% to the Global Alconaba company for 34.1 million euros, with which it would maintain a residual 1.9% in the media group.

Telefónica has informed the National Securities Market Commission (CNMV) that it has signed an agreement with the company Global Alconaba for the sale of 50.147 million shares of Promotora de Informaciones. (Hurry), equivalent to 7.076% of the cap


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