Previous Close | 8.90 |
Open | 8.90 |
Bid | 8.95 x N/A |
Ask | 9.10 x N/A |
Day's Range | 8.90 - 8.95 |
52 Week Range | 7.15 - 9.20 |
Volume | |
Avg. Volume | 0 |
Market Cap | N/A |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | Nov 12, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
The European Commission has approved an acquisition of Vodafone Italia by Swisscom under the foreign subsidies regulation, the Swiss telecoms company said on Tuesday. The deal is still subject to other regulatory approvals, including that of the Italian competition authority, it added. Swisscom expects the transaction to be completed in the first quarter of 2025.
Italy's competition watchdog said on Monday a planned tie-up between Swisscom's and Vodafone's Italian units could pose a threat to competition in the country's fixed-line connectivity services. Last week the Italian antitrust authority, called AGCM, opened an in-depth review of Swisscom's 8-billion-euro buyout of Vodafone Italia, which will be combined with Swisscom's Italian subsidiary Fastweb, subject to regulatory approval.
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