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Telefonica mulling sale of fixed network to recover stock market value - report

2018-07-05 08:44:00| Telecompaper Headlines

(Telecompaper) The board of directors of Telefonica has opened discussions on the possible sale of part of its fixed line network in Spain with a view to lowering debt and increasing the company's stock market value, according to unnamed company sources cited by El Confidencial. Concern about the downward trajectory of Telefonica's stock market value, which is down 9 percent this year alone and has fallen 25.76 percent since Cesar Alierta appointed Jose Marķa Alvarez-Pallete as chairman in March 2016, has prompted some directors to propose selling part of the company's infrastructure network, the largest in Europe, said the report.

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Xiaomi launches $10bn Hong Kong stock market listing

2018-05-03 04:58:35| BBC News | Business | UK Edition

The Chinese smartphone maker's flotation could be the biggest globally since Alibaba's 2014 IPO.

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Inter Parfums Rings Nasdaq Stock Market Closing Bell

2018-04-02 18:26:00| Happi Breaking News

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UK firms pull multi-billion pound stock market floats

2017-11-03 09:31:24| BBC News | Business | UK Edition

Weak demand for recent flotations in Europe has prompted caution from Arqiva and Bakkavor.

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Vanguard boss warns on stock market highs

2017-10-17 01:23:17| BBC News | Business | UK Edition

One of the world's biggest investors says there could be a "decent-sized" fall in stock markets.

Tags: market stock boss stock market

 

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