Wednesday, January 28, 2015

Telefónica assumes a 3% stake in technological Indra … – EntornoInteligente

Telefónica assumes a 3% stake in technological Indra … – EntornoInteligente

Financial Journal / For Expansion Telefónica acquired a stake of around 3% in the capital of the Spanish company Indra, the national leader in the field of information technologies and defense electronics.

The Spanish operator intends to have a stable position in the capital of the enterprise information technology. Currently, the largest shareholder of Indra is the Spanish state, which has a 20% stake acquired in August 2013, at a price of 10.19 euros per share.

The input is interpreted Telefónica due to the interest of the Spanish completing its presence in the market for digital services.

Indra currently trading at 7.58 euros per share, after having fallen substantially in recent months as rumors the intention of the government and especially the Ministry of Defence, to have greater influence over the management of the company, so that it would support more decidedly industrial strategy of the ministry.

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