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Swisscom AG (SWZCF)
- Reuters
Swisscom gets first go ahead from Rome for Vodafone Italia acquisition
Swisscom has secured an initial go-ahead from Italy's government for its planned acquisition of Vodafone Italia, the Swiss telecoms company and a source close to the matter said on Tuesday. So-called "golden power" legislation allows Rome to block or impose conditions on deals in sectors considered strategic such as banking, energy, telecommunications or healthcare. Swisscom said in a statement that it had been informed by Prime Minister Giorgia Meloni's government of its decision not to use golden powers to veto the transaction.
- Reuters SG
Deals of the day-Mergers and acquisitions
** Commodities group Glencore is studying an approach for Anglo American, two sources said, a development that could spark a bidding war for the 107-year old mining company. ** U.S. private equity firm Bain Capital is looking at buying some key assets of French tech and software company Atos , reported French paper Les Echos on its website, citing sources.
- Zacks
Ericsson (ERIC) Solution to Upgrade Swisscom's Mobile Network
Swisscom selects Ericsson's (ERIC) comprehensive solution suite to modernize its mobile network infrastructure.
