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Spain shields Telefónica as KKR’s TI bid makes waves
Neal Doran30 November 2021
Source: Erik Mclean / Unsplash
Spanish government reinforcing restrictions that would halt hostile bids for Telefónica until 2023. Europe’s telco sector awash with bid speculation as KKR pursues TI, and Indian conglomerate Reliance Industries is linked to a BT bid.
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