Vodafone to Offload Italian Business to Swisscom for €8bn (£6.8bn)

Vodafone to Offload Italian Business to Swisscom for €8bn (£6.8bn)

The Telegraph

Vodafone will return proceeds from the sale to investors through a share buyback. As part of the deal, Vodafone will continue to provide services to Swisscom for up to five years. The two companies said they were also exploring a closer commercial relationship outside Italy.

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