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General

Vodafone in talks to buy Ono before planned IPO – report

Monday 27 January 2014 | 09:29 CET | News
Vodafone is in negotiations to acquire Spanish cable operator Ono, which could hinder Ono's plans for an initial public offering, reports Spanish business daily Expansion, citing unnamed sources with knowledge of the matter. The talks have intensified since Ono announced its intention to float on the stock exchange early in 2014 and a deal could be announced in the next few weeks. However, if no agreement is reached between Vodafone and Ono, the Spanish company's owners could decide to press ahead with the IPO, said the sources. Last week the Financial Times reported that Ono was moving

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Categories: General
Companies: Ono / Vodafone
Countries: Spain
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