Nov 14 (Reuters) - TELEFONICA SA:
* SAID ON MONDAY KKR HAD EXERCISED THE CALL OPTION OVER 38 MILLION SHARES OF TELXIUS (REPRESENTING 15.2 PERCENT OF ITS SHARE CAPITAL) FOR 484.5 MILLION EUROS (12.75 EUROS PER SHARE)
* AS A RESULT OF THIS OPERATION AND TOGETHER WITH THE 24.8 PERCENT STAKE ACQUIRED ON OCTOBER 24 KKR WILL HOLD 40 PERCENT OF TELXIUS
* THE TRANSACTION HAS NO IMPACT ON THE CONSOLIDATED RESULTS OF TELEFONICA GROUP AS IT CONSISTS ON THE SALE OF A MINORITY INTEREST, WITH TELEFONICA RETAINING CONTROL OVER TELXIUS
Source text for Eikon:
Further company coverage: (Gdynia Newsroom)