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Crédit Agricole bids for Telefónica's rural fiber

The valuation of 45% of the operator's subsidiary easily exceeds 1,000 million.

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Crédit Agricole bids for Telefónica's rural fiber

The valuation of 45% of the operator's subsidiary easily exceeds 1,000 million. The French consortium competes against Allianz-PGGM and CDPQ.

Predica, a unit that is part of Crédit Agricole Assurances, is the fashionable investor in Spain. The fund, until recently practically unknown in Spain, has just entered the renewable subsidiary of Repsol, before participating together with Engie in the comp

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