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Vodafone to Sell Spanish Unit to Zegona for Up To €5 Billion

(Bloomberg) Vodafone Group Plc agreed to sell its Spanish business to Zegona Communications Plc in a deal valued at as much as €5 billion ($5.3 billion) including debt. Most Read from BloombergSaudi Forces on Alert After Clash With Iran-Backed HouthisInnovent, Lilly Obesity Drug Spurs More Weight Loss in TrialIsrael Latest: Netanyahu Vows to Stay On; Targets Hit in LebanonSony’s Bungie Game Unit Cuts Staff Following Delayed TitlesApple Unveils New Laptops, iMac and Trio of More Powerful Chips

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Zegona seeks financing to buy Vodafone s Spanish unit

British telecom investment company Zegona is seeking financing for a bid to buy the Spanish unit of Vodafone, newspaper Expansion reported, citing unidentified sources close to the matter. The bid could value the whole company at more than 5 billion euros ($5 billion) and Zegona could buy only a 50% stake, the newspaper reported. The company has started a strategic review on the future of its Spanish unit and its CEO Margherita Della Valle said in May the company's management is open to "structural change".

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The FTSE 100 Closed Up as UK Retail Sales, Consumer Confidence Data Offers Economic Hope

The FTSE 100 closed up 0.07% as an improvement in retail sales and an uplifting U.K. consumer confidence index threw some hope for the economy. Following a week which saw investors shed stocks at. -September 22, 2023 at 01:05 pm EDT - MarketScreener

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The FTSE 100 Closed Up as UK Retail Sales, Consumer Confidence Data Offers Economic Hope

The FTSE 100 Closed Up as UK Retail Sales, Consumer Confidence Data Offers Economic Hope
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Guyana s performance dips slightly at 2023 CSEC, CAPE

Guyana s performance dips slightly at 2023 CSEC, CAPE
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