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Vodafone sells its Italian business to Switzerland's Swisscom for €8B in cash and plans a €4B stock buyback; Swisscom will mer


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2024-03-15 14:24:12
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Cybersecurity Business

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Bloomberg:

Vodafone sells its Italian business to Switzerland's Swisscom for €8B in cash and plans a ~€4B stock buyback; Swisscom will merge Vodafone Italia with Fastweb  —  - Vodafone also announced plans for a €4 billion share buyback  — Sale to Swisscom will create a new market dynamic in Italy




Bloomberg:

Vodafone sells its Italian business to Switzerland's Swisscom for €8B in cash and plans a ~€4B stock buyback; Swisscom will merge Vodafone Italia with Fastweb  —  - Vodafone also announced plans for a €4 billion share buyback  — Sale to Swisscom will create a new market dynamic in Italy



Source: TechMeme
Source Link: http://www.techmeme.com/240315/p7#a240315p7


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