Vodafone Stock Jumps Over 4% - Sells Italy Unit To Swisscom In $8.7B Deal

Swisscom AG SWZCF inked binding deals with Vodafone Group Plc VOD to acquire 100% of Vodafone Italia for €8 billion ($8.71 billion), aiming to merge it with Fastweb, its Italian subsidiary. The transaction consideration will be 100% cash and will be fully debt-financed, Swisscom said in a press…#swisscomagswzcf #vodafonegroupplcvod #vodafoneitalia #italian #swisscom #vodafone #spanish #spain #margheritadellavalle #christophaeschlimann
Source: Reuters: Health - Category: Consumer Health News Source Type: news