Monday, 15 August 2022

Vodafone shrugs off Iliad’s bid for Italian unit

by Harry Baldock, Total Telecom
Friday 11 February 22

Iliad’s €11.25 billion bid was rejected by Vodafone Group, who said that the deal was ‘not in the best interests of shareholders’

Earlier this week, it was reported that French telco Iliad, owned by billionaire Xavier Niel, had submitted a takeover bid for Vodafone Italy.  The move would constitute a major shakeup for the Italian telecoms landscape, reducing the number of mobile players in Italy from four to three and creating a new entity of scale enough to challenge the dominance of market leader TIM…

Earlier this week, it was reported that French telco Iliad, owned by billionaire Xavier Niel, had submitted a takeover bid for Vodafone Italy.  The move would constitute a major shakeup for the Italian telecoms landscape, reducing the number of mobile players in Italy from four to three and creating a new entity of scale enough to challenge the dominance of market leader TIM…

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