http://www.franta-romania.com/node/846 Comments for "Vodafone to acquire control of MobiFon in Romania" ro http://www.franta-romania.com/node/846 <p>> Vodafone today announces that its wholly-owned subsidiary Vodafone International Holdings B.V. has entered into agreements with Telesystem International Wireless Inc. ("TIW") of Canada to acquire approximately:<br /> ><br /> > * 79% of the share capital of MobiFon S.A. ("MobiFon") in Romania. This will increase Vodafone and its subsidiaries' ("Vodafone Group") ownership in MobiFon to approximately 99%; and,<br /> > * 100% of the share capital of Oskar Mobil a.s. ("Oskar") in the Czech Republic<br /> ><br /> for a cash consideration of approximately USD 3.5 billion (GBP 1.8 billion) to be satisfied from Vodafone Group's cash resources (the "Transaction"). In addition, Vodafone Group will be assuming approximately USD 0.9 billion (GBP 0.5 billion) of net debt." </p> http://www.franta-romania.com/node/846#comments Diverse Tue, 15 Mar 2005 07:16:38 -0800 cnicules 846 at http://www.franta-romania.com