Vodafone reportedly takes up to €1.1bn hit from Drahi’s German broadband deal
The Financial Times reports that Patrick Drahi’s sale of a 50% stake in OXG will deprive joint venture partner Vodafone of potentially substantial future earnings.
TLDR
Vodafone is taking a hit of up to €1.1 billion from Patrick Drahi’s German broadband deal, the Financial Times reports. The deal involves Drahi’s sale of a 50% stake in OXG, which the FT says will deprive joint venture partner Vodafone of potentially substantial future earnings.
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