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The potential deal being discussed would see Vodafone take a minority stake in the combined entity, which would take its debt off Vodafone s balance sheet, said the people, who declined to be named because talks are not public and are ongoing. ....
But the potential transaction with Swisscom "delivers the best combination of value creation, upfront cash proceeds and transaction certainty for Vodafone shareholders". ....
Swisscom has reached a preliminary agreement with Vodafone to buy its Italian unit, Vodafone Italy, for eight billion euros, the two companies said on Wednesday. Swisscom is already present on the Italian telecommunications market via its ownership of Fastweb. (ANSA) ....
Telecom Italia: The completion of the sale has been hampered by separate network agreements between Wind Tre and rival operators, which had forced parties to postpone the deadline for the closing to Feb. 12 and ultimately sunk the deal, sources have said. ....
Swisscom: Britain s Vodafone on Monday said it was in "active discussions" about a deal in Italy, after rejecting an offer from rival Iliad last month in favour of pursuing other options. ....