The iliad Group has submitted a proposal to Vodafone Group for the merger of iliad’s and Vodafone’s Italian businesses with the creation of a new entity (NewCo).
Iliad proposes merger with Vodafone in Italy telecoms.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telecoms.com Daily Mail and Mail on Sunday newspapers.
Xavier Niel’s Iliad Group has submitted proposals to merge its Italian operations with those of Vodafone. The proposals value Vodafone Italia at €10.45 billion; under the plan a new company would be held by the two parties with each receiving 50% of the share capital. In a statement, Iliad said the proposed merger would create…
Iliad Group has submitted a proposal to merge its Italy operations with Vodafone's local unit, offering 6.5 billion euros in cash as part of the deal and a