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General

CK Hutchison, VimpelCom close 3 Italia, Wind JV deal

Monday 7 November 2016 | 08:58 CET | News
Italian operators 3 Italia and Wind are now formally controlled by the joint venture created to combine their businesses after parent companies CK Hutchison and VimpelCom announced the completion of the corresponding transaction. The merger, one of the largest in Italy since 2007, was approved by the country's Ministry of Economic Development (MISE) last month after the European Union's antitrust authorities cleared the deal in September. In a statement, the parent companies also confirmed that current wind CEO Maximo Ibarra will lead the joint venture, supported by Dina Ravera, who will

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Categories: General
Companies: 3 Italia / CK Hutchison / Telecom Italia / Vimpelcom / Wind
Countries: Italy
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