Vodafone and billionaire John Malone’s Liberty Global agreed to combine their businesses in the Netherlands, joining forces to challenge Royal KPN and Deutsche Telekom.
The 50-50 joint venture will probably result in cost and revenue synergies of about €3.5 billion after integration costs, with the deal expected to be completed at about the end of the year, according to a statement from the companies on Tuesday. Vodafone will pay €1 billion in cash...
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