Vodafone Spain
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UK investment vehicle Zegona has reached an agreement with Vodafone to purchase its Spanish business for 5 billion euros. -
Spanish newspaper, Expansion, has reported that US based Apollo Global Management and local fund JB Capital are the latest to enter the race to buy Vodafone’s Spanish business.
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Following a statement released on Friday that it was in talks to acquire Vodafone’s Spanish business, a boutique TMT investment manager by the name of Zegona’s stocks were frozen.
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Serpil Timuray will add Spain to her European responsibilities in Vodafone in a significant reshuffle that sees Colman Deegan, CEO of Vodafone Spain, stepping down at the end of March.
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Vodafone and Kyndryl are working together to help corporate customers in the Spanish market to adopt hybrid multicloud strategies.
