Britain’s Vodafone confirms sale of Italian arm to Swisscom for $8.7 billion
By PAN PYLAS Associated Press LONDON (AP) — British cellphone company Vodafone has confirmed that it’s selling its Italian business to Switzerland’s Swisscom for about $8.7 billion. It said Friday that it will hand back half of the proceeds to its shareholders through the buyback of company shares. Vodafone said the move represents an “attractive
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