Telefónica agrees to sell its subsidiary Zeleris to OnTime for around 100 million
La operadora sigue su proceso de desinversiones en activos no estratégicos
Telefónica has reached an agreement to sell its parcel subsidiary Zeleris to the OnTime Transporte y Logística group for an amount close to 100 million euros, as reported by elEconomista and confirmed by EL PAÍS/Cinco Días with market sources. The operation has been in the works since the end of last year in a competitive process that initially involved five companies in the sector: IPC, Boyacá, Everwood, CTDI, and OnTime.
Of all of them, only the last two submitted binding offers, with the bid being resolved in favor of OnTime's proposal. The official announcement of the transaction is expected next week.
Translated by urgent.news. Machine-written — may contain errors; check the original before relying on it.
