International News 28 February 2024 16:48 28-02-2024
Swisscom, the Swiss telecommunications company announced today (28 February) that it is in talks to acquire all of Vodafone Italia for 8 billion euros (8.7 billion dollars) and will merge. The business fits in with the Italian branch of Fastweb, which is a subsidiary company. with the intention of paying without borrowing money
As of 4.47pm Thai time, Vodafone shares were up 2.76%, while Swisscom shares remained stable. After such news
Previously in January, Vodafone rejected French telecommunications company Iliad’s offer to merge the two companies’ Italian operations. In joint ventures the proportions are equal. Vodafone will receive 6.6 billion euros.
By InfoQuest News Agency (February 28, 2024)
Tags: Fastweb, Swisscom, Vodafone Italia, acquisition, Fastweb, Switzerland, Swisscom, Vodafone Italia
#Swisscom #announces #acquisition #Vodafone #Italia #billion #euros #InfoQuest
