Published on 15 Mar 2024 on Benzinga
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 release.