Telefonica (ES:TEF) has released an update.
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Criteria Caixa has increased its stake in Telefónica, S.A. to 9.99% and is planning to slightly raise its shareholding to 10.01% upon receiving necessary administrative authorizations. This strategic acquisition underscores Criteria Caixa’s growing investment in the telecommunications company.
For further insights into ES:TEF stock, check out TipRanks’ Stock Analysis page.
