MASMOVIL-Vodafone merger an ‘open secret’, report says

2 Feb 2021

The oft-rumoured merger between Grupo MASMOVIL and Vodafone Spain is back on the table, El Economista reports, with bankers working behind the scenes to thrash out an agreeable shareholder structure for the combined entity. As things stand, the companies will pool their respective assets into an enlarged business, with no financial consideration changing hands. Vodafone – the larger of the two companies – is expected to assume the majority stake in the new entity. Negotiations are said to be at a ‘decisive phase’ and barring any late complications a deal could be signed in the coming months.

Spain, Grupo MASMOVIL (incl. Yoigo), Vodafone Group, Vodafone UK