Vodafone Group Plc announces agreement to sell Vodafone Malta

  • Dec 19, 2019 GMT
  • Team Kalkine
  The company is exiting its business in Malta
  • The sale of its business is to Monaco Telecom SAM
  • The cash consideration is equivalent to an Enterprise Value of €250 million
  • This consideration values Vodafone Malta at 7.8X FY 19 EBITDA
  • On 19th December 2019, the stock of VOD was trading at GBX 150.14 at GMT 09:38 AM, down 0.36 points or 0.24% from its previous close.

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