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ZEG Zegona Communications Plc

234.00
0.00 (0.00%)
Last Updated: 09:24:22
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Zegona Communications Plc LSE:ZEG London Ordinary Share GB00BVGBY890 ORD �0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 234.00 230.00 236.00 10,000 09:24:22
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Finance Services 0 -15.55M -2.5194 -0.93 14.44M

Zegona Communications Confirms Talks to Buy Vodafone's Spanish Unit -- Update

22/09/2023 12:39pm

Dow Jones News


Zegona Communications (LSE:ZEG)
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From May 2023 to May 2024

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By Christian Moess Laursen

 

Zegona Communications confirmed it is in discussions with Vodafone Group regarding a potential acquisition of the U.K.-based telecommunications group's Spanish business, the company said Friday.

The confirmation follows a report by Spanish business newspaper Expansion that the European telecommunications-investment company is planning to buy a 50% stake in the unit, in a deal that would value the business at more than 5 billion euros ($5.33 billion).

Zegona Communications' shares have been temporarily suspended from trading on the London Stock Exchange until the potential takeover is completed.

There is no certainty the potential acquisition will proceed nor to the terms of any such acquisition, the company said.

Vodafone didn't immediately respond to a request for comment when contacted by Dow Jones Newswires.

 

Write to Christian Moess Laursen at christian.moess@wsj.com

 

(END) Dow Jones Newswires

September 22, 2023 07:24 ET (11:24 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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