Deals
Swisscom Gains on Speculation Italy Unit Fastweb Is Put on Sale
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Swisscom AG gained the most in two years in Zurich trading on revived speculation that the phone company may be considering a sale of its Italian unit Fastweb.
Vodafone Group Plc remains interested in buying the business, a person familiar with the matter said, asking not to be named discussing internal deliberations. Swisscom is working with UBS AG to facilitate a transaction, Reuters reported, citing sources it didn’t name.