The Government confirms that it is studying entering into the capital of Telefónica

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He Government confirmed this Tuesday that it is exploring the possibility of enter the capital of Telefónica in a notification sent to the National Securities Market Commission (CNMV).

After declining to comment yesterday, la State Society of Industrial Participations (SEPI) indicates in the privileged information sent to the supervisor that it is “monitoring the situation of Telefónica, SA, and is carrying out an internal exploitative analysis related to a possible acquisition of a shareholding.”

“This analysis by SEPI does not presuppose the adoption of a decision that involves said acquisition”continues the statement sent by the public entity.

Last monday, The confidential He announced that the Government was studying the purchase of 5% of Telefónica, a billion-dollar operation without parallel in the history of the public institution that, however, would not allow it to have a director.

While, STC Groupthe Saudi investor who controls 4.9% of the capital directly and 5% through financial instruments still has not notified the Ministry of Defense of the operation to take direct possession of 9.9% of the company and become the maximum shareholder of the group.

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