Vodafone, Three merge UK businesses
As heavily anticipated, Vodafone Group and CK Hutchison Group Telecom Holdings (CKHGT) have entered into binding agreements in relation to a combination of their UK telecommunication businesses, respectively Vodafone UK and Three UK. Vodafone will own 51 per cent of the combined business (MergeCo) and CKHGT 49 per cent. From day one, the pair say […]