Mergers & Acquisitions ·
Vodafone announced that OXG, its fibre joint venture in Germany, will acquire a new shareholder
VODVodafone Group Public Ltd Co
Vodafone announced that OXG, its fibre joint venture in Germany, will acquire a new shareholder. Societe Generale S.A. agreed to purchase a 50% stake in OXG Glasfaser Beteiligungs-GmbH from Geodesia Holding S.à r.l., securing committed funding for the continued expansion of OXG's fibre network in Germany while maintaining Vodafone's strategic flexibility. The transaction is subject to customary regulatory approvals and closing conditions. Vodafone is a leading European and African telecommunications company serving mobile, broadband, IoT, and financial services customers.