Saudi stc Group pays $2.25bn for 9.9% share of Spanish company Telefonica

LONDON: Saudi Arabia’s stc Group has agreed to buy a 9.9 percent stake in Spanish business Telefonica for €2.1 billion ($2.25 billion), through an acquisition of shares and financial instruments. “Telefonica and stc Group share many similarities, with a vision to use technology to connect people…#saudiarabias #spanish #mohammedalfaisal #olayanalwetaid #telefonica #saudiarabia #tawalofunitedgroups #bulgaria #croatia #slovenia
Source: Reuters: Health - Category: Consumer Health News Source Type: news