Billionaire telecoms tycoon Xavier Niel plots Italian tie-up with Vodafone
Iliad, a French telecoms giant owned by Niel (pictured), sent Vodafone a proposal to bring the two firms' Italian operations together.
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Iliad, a French telecoms giant owned by Niel (pictured), sent Vodafone a proposal to bring the two firms' Italian operations together.
Zegona Communications, a little-known buyout firm founded by two former Virgin Media executives, is working to buy and flip Spanish telecom assets in a challenge to incumbents that are already struggling to turn a profit.
Slaughters advises longtime client Vodafone as Travers Smith counsels listed TMT investor Zegona
The sale marks the mobile phone giant’s second major deal this year after agreeing a merger in the UK with Three owner CK Hutchison in June.
Telecoms investment company Zegona is buying Vodafone Spain for €5 billion subject to regulatory approval.