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Value £4,300,000,000
Summary
Vodafone has completed a £4.3bn buyout to acquire the remaining 49 per cent stake in Three UK from CK Hutchison, taking full control of the mobile operator.
Summary of transaction details:
- Value: £4.3bn
- Sector: Logistics & Transport
- Advisor: Not disclosed
- Key Entities: Vodafone, Three UK, CK Hutchison
- Location: United Kingdom
Note: The transaction enables Vodafone to streamline mobile networks and increase annual cost savings to £1bn as part of an £11bn investment programme.
Lead Investor / Acquirer
Vodafone
Advising Broker
Undisclosed Firm
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Exited prioritisedOriginal Source
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