Telefonica Spain offers to buy the shares of Telefonica Chile. The telco has asked for the the shares it doesn’t own and the deal is worth $985 million.
The operator which owns a controlling stake in the Chilean telco, wants to launch a public offer through it’s Chilean counterpart in order to buy the rest 55.1% stake it doesn’t own.
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Telefonica Spain offers to buy Telefonica Chile’s $985 million worth shares (Spain, Chile)
- September 12th, 2008
- 5:27 am
Elisa posts a steep fall in Q2 profits (Finland)
- August 1st, 2008
- 7:59 am
Elisa, Finland’s telecom operator, has posted a steep fall in second-quarter profits, but repeated it sees sales and profits in 2008 flat year-on-year.
Elisa reported April-June earnings per share of 0.20 euro, compared with 0.31 euro a year earlier.
