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Iliad makes offer for Vodafone's Italian unit, Bloomberg says

Mon, 07th Feb 2022 18:35

LONDON, Feb 7 (Reuters) - Iliad SA made an offer
for Vodafone's Italian unit last week, Bloomberg
reported on Monday, citing people with knowledge of the matter.

Reuters reported last month that France's Iliad, led by
billionaire founder Xavier Niel, and Vodafone were in talks to
combine their respective businesses in Italy in a bid to end
cut-throat competition.

Vodafone Chief Executive Officer Nick Read said last week
that the British company was pursuing deals in multiple markets,
with Italy listed as one that would benefit from consolidation.

Vodafone declined to comment on the report. Iliad was not
immediately available for comment.
(Reporting by Paul Sandle and Mathieu Rosemain
Editing by Paul Simao)

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