Criteria becomes Telefónica’s largest shareholder with 5% of share capital
CriteriaCaixa has become Telefónica’s largest shareholder, with exactly 5.007% of the capital, up from 2.69% at the end of March. This stake, increased by 2.31% through market purchases and financial instruments and with a market value of €527 million – at Monday’s price (€3.97) – puts the industrial group one at hundredth more than Saudi Telecom (4.99%). BBVA holds 4.86% of the teleco’s shares, compared with 4.5% for BlackRock and…
