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Vodafone Spain sold to UK firm Zegona Communications for up to €5 billion

Written by on 31 October 2023

Vodafone Spain, the third biggest telecommunications network in Spain, has been sold to United Kingdom telecommunications investor Zegona Communications for up to five billion euros.

Zegona will pay four point one billion euros in cash and nine hundred million euros in financing.

The deal is expected to be concluded in the first half of next year.