Telefonica hires JPMorgan to sell its Mexican business, Cinco Dias reports
Spanish telecom group Telefonica has hired investment bank JPMorgan to sell its Mexican business, newspaper Cinco Dias reported on Friday, citing unidentified financial sources. The company is seeking to carry out the sale before its annual shareholders meeting, which is generally held in April or May, the newspaper said. A spokesperson for Telefonica declined to comment.
Spanish telecom group Telefonica has hired investment bank JPMorgan to sell its Mexican business, newspaper Cinco Dias reported on Friday, citing unidentified financial sources. The company is seeking to carry out the sale before its annual shareholders meeting, which is generally held in April or May, the newspaper said. A spokesperson for Telefonica declined to comment.
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