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(Bloomberg) — Swisscom AG is in advanced exclusive talks to acquire Vodafone Group Plc’s Italian business after fending off competition from billionaire Xavier Niel. The Swiss telecommunications company and Vodafone have agreed on a preliminary purchase price for Vodafone Italia of €8 billion ($8.7 billion) on a cash and debt-free basis, according to a statement…
(Bloomberg) -- Swisscom AG is in advanced talks to buy Vodafone Group Plc’s Italian business for €8 billion ($8.7 billion) on a cash and debt-free basis after fending off competition from rivals including French billionaire Xavier Niel. Most Read from BloombergApple to Wind Down Electric Car Effort After Decadelong OdysseyHow Much Wealth You Need to Join the Richest 1% Around the WorldOffice Tower Deal for $1 Reveals Anxiety Among Longtime BuyersA Spike in Heart Disease Deaths Since Covid Is Puz
(Bloomberg) -- Swisscom AG is in advanced talks to buy Vodafone Group Plc’s Italian business for €8 billion ($8.7 billion) on a cash and debt-free basis after fending off competition from rivals including French billionaire Xavier Niel. Most Read from BloombergApple to Wind Down Electric Car Effort After Decadelong OdysseyHow Much Wealth You Need to Join the Richest 1% Around the WorldOffice Tower Deal for $1 Reveals Anxiety Among Longtime BuyersA Spike in Heart Disease Deaths Since Covid Is Puz
Bloomberg News reporter Benoit Berthelot is now covering European media, entertainment and advertising. Bertehlot has been a technology reporter for Bloomberg…
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