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Swisscom's €8 billion Italy Deal Opposed by Largest Swiss Party

Swisscom's €8 billion Italy Deal Opposed by Largest Swiss Party
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Swiss Confederation , Vodafone Group Plc Italian , Swiss People Party , Vodafone Group Plc , Swisscom Nears ,

Swisscom's €8 Billion Deal Opposed by Largest Swiss Party

(Bloomberg) — Switzerland’s largest political party voiced opposition to Swisscom AG’s plans to buy Vodafone Group Plc’s Italian business for €8 billion ($8.7 billion). “The Swiss Confederation is the majority shareholder of Swisscom and is therefore ultimately liable for the company,” the right-wing Swiss Peoples’ Party, or SVP, said in a statement on Wednesday. “The… ....

Swiss Confederation , Swiss People Party , Vodafone Group Plc Italian , Swiss Federal Council , Vodafone Group Plc , Federal Council , Swisscom Nears ,