Vodafone sells its Spain network... - Operators
Telecoms investment company Zegona is buying Vodafone Spain for €5 billion subject to regulatory approval.
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Telecoms investment company Zegona is buying Vodafone Spain for €5 billion subject to regulatory approval.
Vodafone Group has struck a deal to sell its Spanish business for around €5billion (£4.4billion) under plans to streamline its operations.
Strategic review comes as telecoms giant struggles to return to growth
After months of speculation, Vodafone Group PLC (LSE:VOD)’s sale of its loss-making Spanish arm has finally been confirmed, with UK-based Zegona...
(Bloomberg) -- Vodafone Group Plc is close to selling a stake of at least 50% in its Spanish business to Zegona Communications Plc in a deal that values the asset at more than €5 billion ($5.3 billion), according to people familiar with the matter.Most Read from BloombergIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursIsrael Deepens a War With Hamas That Has No End in SightHow This Israel-Hamas Conflict Is Like Nothing That’s Happened BeforeUkraine Recap: Russian Su-25 Fighter Jet Said