italy
British telecommunications giant Vodafone Group Plc turned down a revised merger proposal from French telecommunications company Iliad for the Italian subsidiaries Iliad Italia and Vodafone Italia, Iliad SA announced on Wednesday. Iliad SA had made a merger proposal to Vodafone on December 18. The terms of the revised merger proposal included a 50/50 merger through the creation of NewCo, and Vodafone to get cash proceeds of €6.6 billion ($7.14 billion) and €2 billion in a shareholder loan. Illiad in turn would get €4 billion in cash proceeds and €2 billion in a shareholder loan. The company re...
DPA
Several thousand people took to the streets in different parts of Italy, joining demonstrations in support of Palestinians despite a police ban on the events that come as the world marks Holocaust Remembrance Day. Hundreds of participants joined demonstrations in Rome and other cities on Saturday in rallies that were almost all peaceful, police said. Around 1,200 people took to the streets in Milan, where there were scuffles with the police. Some demonstrators chanted and carried posters accusing Israel of genocide. The demonstrations were banned at short notice by the municipal authorities in...
DPA
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