Vodafone to sell Hungarian arm for eur1.7 bln

wsj

1 min read . Updated: 09 Jan 2023, 06:29 PM IST KYLE MORRIS, The Wall Street Journal

Bloomberg

The U.K.-based telecommunications company said due diligence has been completed and the companies have entered into binding terms on the deal, which is set to complete in January

Vodafone Group PLC said Monday that it has agreed to sell Vodafone Hungary to 4iG Public Ltd. and Corvinus Zrt. for 1.7 billion euros ($1.81 billion), with the proceeds to be used for deleveraging.