Apollo, JB Capital preparing bid for Vodafone's Spanish unit, Expansion says
© Reuters. FILE PHOTO: Vodafone logo is seen at the 2023 Mobile World Congress in Barcelona, Spain February 27, 2023. REUTERS/Nacho Doce/File photoThe news about a potential bid comes three weeks after British telecom investment company Zegona said it was in talks with Vodafone to buy the Spanish unit.Vodafone CEO Margherita Della Valle launched a strategic review of the Spanish unit earlier this year.
Apollo and JB Capital did not immediately respond to requests for comment. A Spain-based spokesperson for Vodafone declined to comment.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: Include punctuation and upper and lower cases.
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