Vodafone Set To Buy Spain’s Ono For $10 Billion

Mani

Published onMarch 17, 2014

Updated on May 13, 2021

Vodafone Group Plc (NASDAQ:VOD) (LON:VOD) has reportedly reached an agreement to buy Grupo Corporativo Ono SA for 7.2 billion euros ($9.73 billion) to boost its offerings.

The deal is expected to be announced later today, according to sources familiar with the matter.

Vodafone's attempt to buy Ono

In January, it was reported industry icon John Malone’s Liberty Global plc (NASDAQ:LBTYA) (NASDAQ:LBTYB) (NASDAQ:LBTYK) was looking to trump Vodafone Group Plc (NASDAQ:VOD) (LON:VOD) in the race for cable acquisitions across Europe. Both Liberty and Vodafone were reportedly...

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

Vodafone Set To Buy Spain’s Ono For $10 Billion

Vodafone's attempt to buy Ono

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