Zegona Communications Set for Major Takeover
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Zegona Communications Set for Major Takeover

Zegona Communications (GB:ZEG) has released an update.

Zegona Communications PLC has successfully met all conditions for the acquisition of Vodafone Holdings Europe, also known as Vodafone Spain, for €5.0 billion, with completion expected on 31 May 2024. The deal, classified as a reverse takeover, will result in Zegona’s shares being re-admitted to the London Stock Exchange’s Main Market, with trading anticipated to start on 3 June 2024.

For further insights into GB:ZEG stock, check out TipRanks’ Stock Analysis page.

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