Telefonica to sell up to 40 pct of Telxius to KKR for 1.3 bln euros
February 21, 2017 at 02:00 AM EST
MADRID, Feb 21 (Reuters) - Spain's Telefonica said on Tuesday it had agreed to sell up to a 40 percent stake in its telecom masts subsidiary Telxius to private equity firm KKR for 1.275 billion euros ($1.35 billion).