Credit Agricole Unit Joins Bidding for Telefonica Rural Network, Expansion Reports
13 Juni 2022 - 2:13PM
Dow Jones News
-- Predica, a life-insurance unit of Credit Agricole Assurances,
has entered bidding for Telefonica's sale of up to 45% of its rural
fiber-optic network in Spain, business daily Expansion reports,
citing unnamed sources.
-- The unit is participating in the bid in a consortium with
Vauban Infrastructure Partners, according to Expansion.
-- Allianz, Dutch pension fund PGGM and Canadian fund Caisse de
Depot et Placement du Quebec are also part of the bidding process
for the sale, Expansion reports.
Full story in Spanish: https://bit.ly/39hKddH
Write to Ed Frankl at edward.frankl@dowjones.com
(END) Dow Jones Newswires
June 13, 2022 07:58 ET (11:58 GMT)
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