Vodafone Rejected Iliad Bid Gives Wings to Activist Demands
Under pressure from activist investors, Vodafone should seek strategic M&A in local markets after rejecting a bid for its Italian unit last week, a top-20 shareholder and a source familiar with the situation said. 17 February 2022
Pablo Mayo Cerqueiro, Charlie Taylor-Kroll, and Arezki Yaiche of Mergermarket cover a story on the latest activist pressure on Vodafone. Andrew Brady of SquareWell Partners comments to the journalists on the situtaion at Vodafone and Cevian’s tactics and potential route to success.
The article is available for Mergermarket subscribers.