Swisscom offers new proposals to win Italy's approval for Vodafone deal [Yahoo! Finance Canada]
Vodafone Group Plc - American Depositary Shares each representing ten Ordinary Shares (VOD)
US:NASDAQ Investor Relations:
vodafone.com/content/index/investors.html
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Source: Yahoo! Finance Canada
Elvira Pollina 2 min read In This Article By Elvira Pollina MILAN (Reuters) - Swisscom offered a second set of remedies to Italy's antitrust authority at the end of October to win approval for a planned deal to combine its Italian arm Fastweb with Vodafone assets in the country, a letter seen by Reuters showed. The Italian antitrust authority (AGCM), whose approval is required to complete the deal, opened in September an in-depth review of Swisscom's 8 billion euro buyout of Vodafone Italia, which would be merged with Fastweb. AGCM said at the time the merger could restrict competition as it would create a dominant player in Italy's fixed-line wholesale service market, as well as in retail services for residential, public administration and corporate customers. Swisscom submitted the fresh set of remedies to factor in some remarks the Italian authority had made during a hearing held on Oct. 25 following a first round of proposals, according to the letter. Competitors
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VOD
Sec Filings
- 11/22/24 - Form 6-K
- 11/15/24 - Form 6-K
- 11/14/24 - Form 6-K
- VOD's page on the SEC website