Vodafone has declined an offer from Xavier Niel’s iliad Group that would have seen a merger of the two companies. The proposals valued 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 it…
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Vodafone rejects multibillion-euro tie-up with Iliad in Italy standard.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standard.co.uk Daily Mail and Mail on Sunday newspapers.
The multibillion-euro proposal which was made public in December has not been accepted by the Vodafone board, despite being "the best possible business combination"
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