Swisscom to Buy Vodafone's Italy Unit for $8.7 Billion
Provided by
Dow Jones
By Adria Calatayud
Swisscom said it agreed to buy Vodafone Group's Italian business for 8 billion euros ($8.71 billion), a deal that continues the U.K. company's portfolio simplification.
The Swiss telecommunications group said Friday that the price will be paid fully in cash and is on a debt and cash free basis.
Write to Adria Calatayud at adria.calatayud@wsj.com
(END) Dow Jones Newswires
March 15, 2024 03:03 ET (07:03 GMT)
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