Telefónica contempla vender su filial venezolana a partir de 2027
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Telefónica, a Spanish telecommunications company, is contemplating the sale of its Venezuelan subsidiary ahead of 2027, according to Bloomberg. As part of its strategy to exit Latin American operations, Telefónica aims to complete the sale of its Venezuelan subsidiary in the upcoming year, pending the right circumstances. The company is seeking a competitive bidding process among multiple potential buyers rather than a single suitor.
The potential sale hinges on securing the support of both the U.S. and Venezuelan administrations due to the volatile political climate in Venezuela. Despite receiving unsolicited offers from potential buyers, including the Latin America Real Assets Opportunities Fund (LARA), no definitive agreements have been reached.
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