Re: Re: Was Rajoy right to turn down 70 bn euros for Telefonica?



@dbmarcos99 wrote:

The Spanish government blocked a friendly takeover bid on 100% of Telefonica SA (TEF, TEF.MC) from U.S. telecom giant AT&T Inc. (T), which would have entailed a disbursement of some 70 billion euros ($93.5 billion) in addition to taking on EUR52 billion in debt, reports El Mundo in its Monday Internet edition.

I have seen this topic posted on another forum, but the sum quoted was 130 million.