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Vodafone completes 8bn sale of Italian wing to Swisscom

January 06, 2025
Ahead of its merger with Three, Vodafone has successfully completed the 8 billion dollar sale of its Italian wing to Swisscom. This strategic move will allow Vodafone to focus its resources and investments in key markets, paving the way for further expansion and growth. The sale also comes as FTSE 100 surges on the first trading day of 2025, with the rising prices of gold and oil driving investors' optimism. It is yet to be seen how this sale will impact Vodafone's share price, making it an interesting opportunity to monitor for potential investors. For a more accurate forecast of the stock movement, it is recommended to consult the professionals at Stocks Prognosis.
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