Vodafone strikes €18.4bn Liberty Global telecoms takeover

Vodafone has acquired Liberty Global’s cable networks spanning Germany and eastern Europe in a deal valued at €18.4bn, its largest single acquisition since acquiring Germany’s Mannesmann in 2000 for a whopping £112bn.
The pair have long been rumoured to be courting as part of wider consolidation efforts in European telecoms and today’s deal will hand Liberty a war chest of €10.6bn in cash with which to beef up its remaining markets in the UK and Switzerland.
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