IN BRIEF: Vodafone Group completes sale of Hungary division
Vodafone Group PLC - Berkshire, England-based telecommunications company - Completes sale of Vodafone Hungary to 4iG Public Ltd Company and Corvinus Zrt for a cash consideration of HUF660 billion, or EUR1.7 billion. Vodafone Hungary is a wholly-owned indirect subsidiary of Vodafone Group, while 4iG is the leading telecommunications and IT group in Hungary. Proceeds from the sale are intended to be used for deleveraging. Read More