Swisscom Is Considering Bid for Vodafone Italy, Bloomberg Reports
December 21 2023 - 3:08AM
Dow Jones News
--Swisscom is considering a bid for Vodafone Group's Italian
business, which could potentially rival a 10.45 billion-euro
($11.43 billion) proposal made by Iliad Group, Bloomberg reports,
citing unnamed sources.
--The Swiss telecommunications company, which is present in
Italy through its Fastweb business, is in talks with U.K.-based
Vodafone over the terms and a bid could be formalized early next
year, according to Bloomberg.
--Swisscom declined to comment, while Vodafone didn't
immediately respond to a request for comment from Dow Jones
Newswires.
Full story: https://shorturl.at/chO69
Write to Adria Calatayud at adria.calatayud@dowjones.com
(END) Dow Jones Newswires
December 21, 2023 02:53 ET (07:53 GMT)
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