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BRIEF-BBVA Chairman Doesn't Expect More Changes At Telefonica, Backed Management Reshuffle

ReutersJan 30, 2025 12:01 PM

- Banco Bilbao Vizcaya Argentaria SA BBVA.MC Chairman Carlos Torres:

  • WE BACKED THE DECISION TO CHANGE MANAGEMENT AT TELEFONICA AND WE DON'T EXPECT MORE CHANGES

  • INVESTMENT IN TELEFONICA IS A FINANCIAL INVESTMENT, NOT STRATEGIC INVESTMENT, BUT WE ARE AIMING TO CREATE VALUE

Source text: [ID:]

Further company coverage: BBVA.MC

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