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Reuters: Vodafone could agree €7.2B deal for Ono today

  • Vodafone (VOD) is close to an agreement to acquire Grupo Corporativo ONO for €7.2B ($10B) including debt, Reuters reports, adding that while Ono's shareholders yesterday approved an IPO for the Spanish cable operator, they were holding out for a deal with the U.K. carrier.
  • The sides are negotiating the final terms and could even reach a preliminary agreement today.
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