Telefonica S A Schedule 13D activist filings
Filed when an investor crosses five percent and intends to influence the company — the activist disclosure.
Saudi Telecom Company (STC) has announced the appointment of its Group Chief Executive Officer, Olayan Alwetaid, to the board of directors of Telefonica, S.A., reinforcing STC's significant 9.97% beneficial ownership.
SCHEDULE 13D: Saudi Telecom Company Affiliate Secures Nearly 10% Stake in Telefonica, Seeks Board Representation
Saudi Telecom Company (STC), through its wholly-owned subsidiary Green Bridge Investment Company SCS (Luxco), has acquired a 9.97% beneficial ownership stake in Spanish telecommunications giant Telefonica, S.A., with plans to seek a board seat.