SEPI announces it now owns 3% of Telefónica and reinforces company’s “Spanishness”.
Renta 4| According to National Securities Market Commission (CNMV) records, the state-owned industrial holding company Sociedad Estatal de Participaciones Industriales (SEPI) now controls 3.044% of Telefónica’s capital. It should be remembered that the Council of Ministers last December approved the purchase of 10% of the operator’s capital by SEPI. Caixabank also announced that it has divested 1%, dropping to 2.51%, while Criteria is increasing its stake. The aim is to…