Reuters: Technology News: Telefonica mulls offer for Telecom Italia shareholders: source

Reuters: Technology News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Creating iOS Games: Beginner Course Marin Todorov teaches you how to create an iPhone game easily and simply using Cocos2d in this $99 online course. From our sponsors

Telefonica mulls offer for Telecom Italia shareholders: source Sep 11th 2013, 13:18 Tweet Share this Email Print Related Topics Tech » Deals » Global Deals Review: 2011 Q3 » Global Deals Review: 2011 Q2 » Global Deals Review » Inflows Outflows » A Telecom Italia antenna booster is seen in northern Rome November 12, 2012. Credit: Reuters/Alessandro Bianchi MADRID | Wed Sep 11, 2013 9:18am EDT MADRID (Reuters) - Telefonica is studying an offer to help fellow investors in Telecom Italia sell their stakes in the Italian firm in a way that would not result in more debt for the Spanish telecoms company, a source familiar with the situation told Reuters on Wednesday. "Telefonica does not want to leave empty-handed, but the challenge is finding a solution that offers liquidity to Telco stakeholders without increasing Telefonica's debt," the source said, without elaborating on what specific format the solution might take. Telefonica has an indirect 10.5 percent stake in Telecom Italia through its 46 percent share of holding company Telco, formed with Italian investors Mediobanca, Intesa Sanpaolo and Generali. Those investors are now prepared to sell their shares when they get their first opportunity to leave the shareholder pact on September 28, according to sources. (Reporting by Robert Hetz; Writing by Clare Kane; Editing by Elisabeth O'Leary) Global Deals Review: 2011 Q3 Global Deals Review: 2011 Q2 Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions