<div id="readability-page-1"><div> <p>--Telefonica is considering the sale of its former headquarters in Madrid after an unsolicited approach for the asset, Bloomberg reports, citing unnamed sources.</p> <p>   --The Spanish telecommunications company has held internal discussions over opening a sale process for the building, which could have a value of between 250 million to 300 million euros ($292.8 million-$351.3 million), Bloomberg says. However, no decision has been taken yet, it adds. </p> <p>   --A spokesperson for Telefonica declined to comment, Bloomberg reports. </p> <pre></pre> <p>   Full story: https://tinyurl.com/3wedfh2d </p> <pre></pre> <p>   Write to Najat Kantouar at najat.kantouar@wsj.com </p> <pre></pre> <p>   (END) Dow Jones Newswires</p> <p>   September 02, 2025 08:03 ET (12:03 GMT)</p><p>Copyright (c) 2025 Dow Jones &amp; Company, Inc.</p></div></div>

<p>Telefonica is considering selling its former headquarters in Madrid following an unsolicited offer, according to Bloomberg. The building's estimated value is between 250 million to 300 million euros ($292.8 million-$351.3 million). Internal discussions have taken place, but no final decision has been made. A spokesperson for Telefonica declined to comment on the matter.</p>

Telefonica Mulls Sale of Former Madrid HQ, Bloomberg Says, Citing Sources