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Iliad confirms Vodafone Italy bid

9 Feb 2022

Following on from yesterday’s report, French group Iliad has confirmed it has made an offer to acquire 100% of Vodafone Italy. Details of the move have not been released, but Reuters cites analysts who estimate the enterprise value of Vodafone Italy at between EUR11 billion and EUR13 billion (USD13 billion-USD15 billion). Any tie up which reduces the mobile market from four to three players would be examined closely by EU competition regulators.

Italy, Iliad, Iliad Italy, Vodafone Group, Vodafone Italy

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