Vodafone: sells Malta unit for 250 million euros
(CercleFinance.com) - Vodafone has entered into an agreement to sell 100% of Vodafone Malta to Monaco Telecom for a cash consideration equivalent to an enterprise value of 250 million euros, the British mobile giant said on Thursday.
After the deal is completed, Vodafone Malta will continue to operate under the Vodafone brand for a transitional period, the operator said.
The transaction - which is still waiting for regulatory approval - is expected to be completed in the first quarter of 2020.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
After the deal is completed, Vodafone Malta will continue to operate under the Vodafone brand for a transitional period, the operator said.
The transaction - which is still waiting for regulatory approval - is expected to be completed in the first quarter of 2020.
Copyright (c) 2019 CercleFinance.com. All rights reserved.