Movistar Team (men's team) 2016 UCI World Tour. Movistar Team (men's team) Movistar Team () is a professional road bicycle racing team which participates at UCI WorldTeam level and has achieved thirteen general classification (GC) victories in Grand Tours. The title sponsor is the Spanish mobile telephone company Telefónica, with the team riding under the name of the company's brand "Movistar". The team was formed as "Reynolds", led by Ángel Arroyo and later by Pedro Delgado, who won a Tour de France and a Vuelta a España, and was subsequently sponsored by "Banesto", under which name the team included 5-time Tour de France winner
Power Corporation of Canada in 2000 with the acquisition of Canada Life, Mackenzie Financial and Putnam Investments. Power Corporation owns 100% of Square Victoria Communications Group and 65.6% of Power Financial Corporation. While it was originally established as an electric utility holding company, the company became a conglomerate with major interests in the finance industry, as well as interests in other business sectors such as communications and renewable energy. The Co-Chief Executive Officers are Paul Desmarais, Jr. and André Desmarais. As a holding company, the officers run the companies through the various Boards. Responsible management has long been a corporate value at Power Corporation.