The European Union’s General Court announced on November 13, 2024, that it upheld the bloc’s decision to approve Vodafone’s acquisition of some of Liberty Global’s telecommunications assets in Europe. This ruling thwarts a legal challenge from German rivals.
The acquisition, valued at over $20 billion, involved Vodafone taking over certain Liberty Global assets. The court's decision provides finality to this substantial transaction.
This regulatory confirmation ensures the deal proceeds as planned, removing potential obstacles that could have impacted the strategic positioning of both Vodafone and Liberty Global in the European market.
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