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Spain’s Top Financial Holding Company to Boost Telefonica Stake

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CriteriaCaixa SA, Spain’s biggest financial holding company, is seeking to increase its stake in Telefonica SA to 10%, matching the Spanish government’s position.

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Telefonica Maintains 2024 Outlook as Earnings Meet ExpectationsTelefonica SA reported first-quarter profit that matched analysts’ estimates and said it’s on track to meet its guidance this year.
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