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Vodafone buys ONO for €7.2bn

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Vodafone and ONO are understood have reached an agreement that will see the British company acquire the cable group for €7.2 billion, including €3.4 billion of debt. Both companies are now finalising the purchase contract, expected to be signed over the next few days. The operation is subject to the approval of the Competition Authorities with the EC’s competition division [...]

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