Telefonica and Zara Founder Family Office Buys Remaining Stake in Telxius from KKR

Posted on 02/02/2022

Spain’s Telefonica SA agreed to acquire a 40% stake in its unit Telxius Telecom, S.A. (Telxius) that belongs to KKR for 216 million euros. Joining the purchase is partner fashion retailer Zara’s owner Amancio Ortega. Ortega is buying the stake through his family office called Pontegadea Inversiones, S.L. Telefonica and Pontegadea, will become the sole […]

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