Vodafone rejects US$13 billion Iliad bid

Vodafone Italia has formally rejected Iliad’s US$13 billion takeover approach. Iliad Group tabled a bid to merge Vodafone Italia with its operation earlier this week at a time when the British telco group is mulling its future options in the UK, Spain, Italy and Portugal.

Source: Vodafone rejects US$13 billion Iliad bid