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Amancio Ortega will obtain capital gains of 331 million with the sale of Telxius towers

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Amancio Ortega will obtain capital gains of 331 million with the sale of Telxius towers

Amancio Ortega , founder of Inditex, is another of the free phone number germany winners of the sale of towers from Telxius , a company whose main shareholder is Telefónica, to American Tower (ATC), since it will mean capital gains of around 331 million euros free phone number germany compared to its initial investment in the company. Ortega entered Telxius through Pontegadea after, in July 2018 , Telefónica sold him 10% of the company for 378.8 million euros . Now, the telecommunications company has closed the sale of the vast majority of its towers to ATC for a total of 7,100 million euros, free phone number germany with which the Galician businessman will receive approximately 710 million euros for the operation.

Sources close to the operation have free phone number germany clarified to Europa Press that Ortega has not yet received any amount for the operations, since the legal formula for the distribution of this amount among Telxius shareholders free phone number germany (in which the fund is also present) has yet to be decided. KKR with approximately 40% of the capital). Recently, Ortega received 646.8 million euros in dividend from Inditex , the firm he founded free phone number germany and of which he is the largest shareholder, and from which he will receive another equivalent amount on November

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Higher capital gains from Telxius Also, the free phone number germany entrepreneur will probably still receive higher capital gains from his stake in Telxius, from which he has also received returns in the form of dividends, the amount of which has not been published, in the last three years. free phone number germany Specifically, in August the Cpa Email list last part of the Telxius tower sale is expected to materialize, with 4,400 sites in Germany, for which the company is estimated to receive the remaining 600 million free phone number germany euros of the 7,700 million euros in the that the entire operation is encrypted.

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