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Dec 18, 2023 · Vodafone has been seeking some kind of deal for its Italian operations for some time, but has been determined to get the best possible deal: In February 2022, it rejected a takeover offer for Vodafone Italia worth €11.25bn from Iliad Group, which had teamed up with private equity firm Apax Partners. At the time, Vodafone Group’s CEO was ...
- Ray Le Maistre
Dec 27, 2023 · The proposal values Vodafone Italy at €10.45 billion ($11.4 billion) and Iliad Italy at €4.45 billion. Vodafone Group would obtain 50% ownership of the merged entity (dubbed NewCo) together with a €6.5 billion cash payment and a €2.0 billion shareholder loan.
Feb 10, 2022 · Iliad Italy will make a sizeable EUR1 billion second-instalment spectrum payment this year, which will further affect any returns. The long-term viability of Iliad's operations in Italy is still uncertain given its early stage of deployment, although risks are reducing as it builds scale.
Iliad Italia S.p.A. is an Italian telecommunications company, wholly-owned subsidiary of the French group Iliad SA [1] In December 2022, with 9.56 million active lines, [2] it is the fourth mobile operator in Italy following Wind Tre, TIM and Vodafone.
On January 25, 2022, iliad Italia also became a new entrant in the fixed ultra-fast broadband market with the launch of a double play Internet and Telephony offer.
Dec 18, 2023 · The iliad Group has submitted to Vodafone Group a proposal for the merger of iliad Italia and Vodafone Italia. Proposal values Vodafone Italia at €10.45 billion (EV). Vodafone would...
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Dec 18, 2023 · Iliad has made an attractive offer for Vodafone Italy, to initially form a joint venture but to ultimately give Iliad the right to buy Vodafone's stake. Vodafone management may be more keen on a less transformative, but easier, deal with Fastweb, retaining Vodafone's presence in Italy.
