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Vodafone to buy Spain's Ono for 7.2 billion euros: source [March 17, 2014] (Reuters) — Britain's Vodafone has agreed to buy Spanish cable operator Ono for 7.2 billion euros ($10.03 billion) in a deal that is set to be announced on Monday, a person familiar with the matter told Reuters. |
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The purchase of private equity-backed Ono will
be Vodafone's third European fixed-broadband acquisition in two
years as the company seeks to improve its networks and shore up
its European businesses after the $130 billion sale of its U.S.
arm. Vodafone declined to comment. ($1 = 0.7181 euros) (Reporting by Kate Holton in London and Richa Naidu in Bangalore) [© 2014 Thomson Reuters. All rights reserved.] Copyright 2014 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
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