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Iliad wants to form Italian super company with Vodafone
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Iliad wants to form Italian super company with Vodafone
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19th December 2023, 06:25
| #1 |
| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 148,812
 |  Iliad wants to form Italian super company with Vodafone Sing, goddess, of the anger of Achilles, son of Peleus, Iliad has approached Vodafone to merge iliad Italia and Vodafone Italia into an Italian super company called NewCo. Iliad said combining the Italian operations of Iliad and Vodafone would create Italy's most innovative telecom challenger. The deal values Vodafone Italia at €10.45 billion (EV). Vodafone would obtain half of NewCo's share capital, a €6.5 billion cash payment, and a €2.0 billion shareholder loan to ensure long-term alignment. Vodafone's equity in NewCo at closing was valued at €1.95 billion https://fudzilla.com/news/58120-ilia...-with-vodafone |
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