Phoenix Tower International
Wednesday, January 22, 2020

The morning after

Between fantasy and reality, a holding company would like to partner with Telefónica HispAm

There is plenty of speculation about the group of Latin American businessmen who would have offered € 10,000 million for 51% of the Spanish operator's business in Latin America (except Brazil).

Few details were known so far about the Latin American business holding company interested in being a “half-way” partner of Telefónica's Latin American businesses. The offer itself - according to El Mundo estimates - must also be defined and the specialists of the Colombian firm Cremades & Calvo Sotelo would be involved, hired for the task by the buyer; and on the other hand, Morgan Stanley who is at the service of Telefónica to look for partners or buyers of HispAm. 

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