Deals
Vodafone Fields Approaches for $4 Billion Spain Unit
- Apollo among suitors interested in telco’s Spanish business
- Vodafone is open to considering a deal at right price
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Vodafone Group Plc’s Spanish business is attracting takeover interest from potential buyers, including Apollo Global Management Inc., people with knowledge of the matter said.
The British telecommunications group has been contacted by other financial and strategic suitors interested in the business, according to the people. While it’s not running a formal sale process for the unit, Vodafone would consider offers at the right price, they said.