Iliad and Vodafone Italia are about to merge

On this cold Monday morning in December, an economic bombshell hits.

As the agency reports Handle and from other sources, Iliad officially submitted a proposal merger To Vodafone Italy.

It is not the first time that the French coach Iliad approaches the Italian unity of Vodafonebut this time there seem to be more concrete conditions than in the past to achieve a successful outcome of the operation.

The project that has the full support of the board Iliad and from Xavier Nielpredicts the birth of one NewCo with the same share capital (50% Iliad and 50% Vodafone). Vodafone Italy will be further evaluated 10 billion of euros during Iliad just below 5 billion.
Closing would be achieved with a cash consideration from Iliad in excess of that amount 6 billion and a shareholder loan of more 2 trillion. While Vodafone should pay 500 million and activate a shareholder loan from 2 trillion.

The new company would create a new telecommunications giant, with a very wide range of activities and able to offer solutions in this area Cell phone, cell phone, landline And Business.

All that remains is to wait for a likely white smoke and the resulting repositioning in the Italian market scenario.

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