Swisscom ready to buy Vodafone Italia for 8 billion - last minute. The goal is to merge the company with Fastweb.
The Swiss telecommunications group has confirmed that it is in advanced exclusive negotiations. The full terms of the transaction have yet to be defined, Swisscom and Vodaphone have agreed a preliminary purchase price of 8 billion euros on a cash and debt free basis. The Anglo-Saxon group recently rejected the proposed purchase of Iliad's purchase proposal.