Reuters - Telefonica Aims for $2 billion in German O2 IPO

Telefonica plans to list up to 23.17 percent of its O2-branded German unit at between 5.25 euros ($6.79) and 6.50 euros per share, valuing the stake at about 1.52 billion euros ($2 billion), writes Reuters. Telefonica said it will set the final price for the German listing on October 29, with the shares expected to begin trading on October 30.

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