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Vodafone confirms $22 billion purchase of Liberty assets

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Reuters LONDON

LONDON (Reuters) - Vodafone Group has agreed an 18.4 billion euro ($21.79 billion) deal to buy Liberty Global's operations in Germany, Czech Republic, Hungary and Romania.

Vodafone said adding Liberty's cable TV and broadband services to its mobile operations would create the first truly converged pan-European company able to take on former incumbents like Deutsche Telekom.

($1 = 0.8442 euros)

(Reporting by Paul Sandle; editing by Kate Holton)

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: May 09 2018 | 12:08 PM IST

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