8th Dec 2017 07:00
8 December 2017
TERMINATION OF THE PROPOSED MERGER BETWEEN VODAFONE MALTA AND MELITA
In May 2017, Vodafone Group Plc ("Vodafone"), Apax Partners Midmarket SAS ("Apax") and Fortino Capital ("Fortino") announced their intention to combine Vodafone Malta with Melita to create a fully integrated communications company in Malta.
Since then, the parties have cooperated extensively with the Maltese Competition Authority (the "MCCAA") in order to obtain approval for the transaction. However, it has now become clear that the parties are unable to satisfy the MCCAA's requirements and consequently they have decided to terminate the transaction and withdraw the notification.
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Notes for Editors
About Vodafone
Vodafone Group is one of the world's largest telecommunications companies and provides a range of services including voice, messaging, data and fixed communications. Vodafone Group has mobile operations in 26 countries, partners with mobile networks in 50 more, and fixed broadband operations in 19 markets. As of 30 September 2017, Vodafone Group had 522.8 million mobile customers and 18.8 million fixed broadband customers, including India and all of the customers in Vodafone's joint ventures and associates. For more information, please visit: www.vodafone.com
Vodafone Europe B.V. is the shareholder of Vodafone Malta.
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