MasMovil in Talks to Buy Vodafone's Spain Subsidiary, El Confidencial Reports
February 02 2022 - 5:46AM
Dow Jones News
--Spain's MasMovil is in talks with Vodafone Group PLC over the
potential acquisition of the U.K.-based telecommunications
company's subsidiary in the country, El Confidencial reports,
citing sources.
--According to sources, "all options are on the table," El
Confidencial says.
--However, the deal will have to wait for comment from the board
after the recent intervention of activist investor Cevian Capital,
which has called for a restructuring of Vodafone's non-profitable
markets, El Confidencial reports.
Full story: https://bit.ly/34uFLoX
Write to Kyle Morris at kyle.morris@dowjones.com
(END) Dow Jones Newswires
February 02, 2022 05:31 ET (10:31 GMT)
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