July 11, 2012 / 9:16 AM / 5 years ago

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.

A man talks on his cell phone outside Telefonica headquarters in Madrid July 29, 2010. REUTERS/Susana Vera

“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

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below