Vodafone Spain and Telefónica de España to create a new fibre network company in Spain

LONDON: Zegona Communications plc (LSE: ZEG) announced Vodafone ONO, S.A.U. (Vodafone Spain) and Telefónica de España, S.A.U. have today signed a binding contract to create a new fibre network company in Spain. Earlier this year, Zegona announced it had signed non-binding agreements to create FibreCos with both Telefonica and MasOrange and a non-binding agreement for…

Vodafone Spain and MasOrange agree terms to create a joint fibre network company

LONDON: Zegona Communications plc (LSE: ZEG) announced Vodafone ONO, S.A.U. (Vodafone Spain) and MasOrange have signed a confidential non-binding term sheet setting out the proposed key terms for a national network sharing agreement. The proposed transaction will involve Vodafone Spain and MasOrange creating a joint fibre network company. This will cover approximately 11.5 million premises…

Marwyn Value Investors Limited invests in Zegona’s acquisition of Vodafone Spain

LONDON, UK: Marwyn Value Investors Limited (MVIL) has announced that its funds managed by Marwyn Investment Management LLP have participated in a €300 million (£262 million) equity placing by Zegona Communications Plc, a notice said. Zegona is a company that follows a ‘Buy-Fix-Sell’ strategy in the European TMT sector. Zegona has recently agreed to buy…

Zegona Communications to acquire Vodafone Spain for €5.0 billion

LONDON, UK: Vodafone Group Plc has entered into binding agreements with Zegona Communications plc in relation to the sale of 100% of Vodafone Holdings Europe, S.L.U. (Vodafone Spain). On completion, Vodafone’s consideration will comprise at least €4.1 billion in cash and up to €0.9 billion in the form of Redeemable Preference Shares (RPS) which redeem,…