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VOD / Who is Zegona, Vodafone Spain's new owner?

Who is Zegona, Vodafone Spain's new owner?
After months of speculation, Vodafone Group PLC (LSE:VOD)'s sale of its loss-making Spanish arm has finally been confirmed, with UK-based Zegona Communications (LSE:ZEG) the lucky buyer. The €5 billion reverse takeover, mainly serviced through debt alongside up to a €600 million equity round, is supported by a €900 million discretionary financing agreement from Vodafone itself, depending on the result of Zegona's share offer. Read More
Posted: Oct 31 2023, 10:16
Author Name: Proactive Investors
Views: 112486

VOD News  

Vodafone sells Spain unit for up to 5.0 bn euros

By TechXplore
October 31, 2023

Vodafone sells Spain unit for up to 5.0 bn euros

British mobile phone giant Vodafone announced Tuesday the sale of its Spanish division to investment fund Zegona for up to 5.0 billion euros ($5.3 bil more_horizontal

Who is Zegona, Vodafone Spain's new owner?

By Proactive Investors
October 31, 2023

Who is Zegona, Vodafone Spain's new owner?

After months of speculation, Vodafone Group PLC (LSE:VOD)'s sale of its loss-making Spanish arm has finally been confirmed, with UK-based Zegona Commu more_horizontal

Vodafone sells Spanish business to Zegona for up to €5 billion

By Proactive Investors
October 31, 2023

Vodafone sells Spanish business to Zegona for up to €5 billion

Vodafone Group PLC (LSE:VOD) has confirmed the sale of its Spanish business, Vodafone Spain, to Zegona Communications (LSE:ZEG) for up to €5 billion more_horizontal

Vodafone to sell Spanish arm to Zegona for $5.30 bln

By Reuters
October 31, 2023

Vodafone to sell Spanish arm to Zegona for $5.30 bln

Britain's Vodafone will sell its Spanish business for 5 billion euros ($5.30 billion) to Zegona Communications , the companies said on Tuesday. more_horizontal

Vodafone shares rise on report $5.3 billion Spain stake sale nearing

By Market Watch
October 30, 2023

Vodafone shares rise on report $5.3 billion Spain stake sale nearing

Shares of Vodafone Group PLC rose on Monday after a report saying the telecommunications group will sell part of its Spanish arm in a deal valuing the more_horizontal

Vodafone Group: Is It A Buy Now After Halving Of Share Price?

By Seeking Alpha
October 23, 2023

Vodafone Group: Is It A Buy Now After Halving Of Share Price?

Vodafone's shares have fallen by over 50% since my sell recommendation 2.5 years ago. The lack of growth and declining revenues continue to be major c more_horizontal

Vodafone broadband complaints highest in UK after outage

By Proactive Investors
October 19, 2023

Vodafone broadband complaints highest in UK after outage

Vodafone Group PLC (LSE:VOD) was the UK's most-complained-about broadband provider over the spring months after an outage hit its network. Citing faul more_horizontal

Vodafone and Three deny merger will mean higher prices

By Proactive Investors
October 18, 2023

Vodafone and Three deny merger will mean higher prices

Vodafone and Three have denied their proposed merger will lead to higher prices for mobile phone customers. In response to questions from MPs, represe more_horizontal


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