EC to Give Condition Approval to Vodafone, Telecom Italia Tower Deal, Sources Say --Reuters
05 Marzo 2020 - 08:22PM
Dow Jones News
--The European Commission is set to give conditional approval to
a deal between Vodafone Group PLC and Telecom Italia SpA that will
result in the creation of Europe's largest mobile towers company,
Reuters reports Thursday, citing sources.
--The EC is slated to give its decision on Friday, though
declined to comment, the report said, adding both companies also
declined to comment.
--Under the terms of the deal, which was announced in last July,
Vodafone will sell its Italian tower unit to Infrastrutture
Wireless Italiane SpA, which is a subsidiary of Telecom Italia.
Full story:
https://www.reuters.com/article/us-telecom-it-m-a-vodafone-group-eu-excl/exclusive-vodafone-tim-to-win-conditional-eu-approval-for-tower-deal-sources-idUSKBN20S24T
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
March 05, 2020 14:07 ET (19:07 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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