Telefonica says studying offers for Atento unit
MADRID (Reuters) - Spain's Telefonica (TEF.MC) said on Wednesday it is studying offers for its call center business Atento, revisiting the sale of the unit after a failed attempt to float it last year.
"Telefonica will go ahead with the divestment of its stake in Atento, having received a number of offers from third parties, whose terms and conditions are being analyzed by the company," it said in a filing with the Spanish stock market regulator CNMV on Wednesday.
Earlier, financial website ElConfidencial.com said Telefonica would sell Atento in the next few days in a deal valuing its majority stake at 750 to 850 million euros, well below the amount it was seeking last year.
(Reporting by Jesus Aguado; Editing by Tracy Rucinski)
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