Vodafone to acquire Italian telematics firm Cobra
Vodafone has launched a voluntary offer to acquire Italian telematics firm Cobra Automotive Technologies at €1.49 (£1.18) per share valuing the company at €145m.
According to a statement, Vodafone has entered into an agreement with the main shareholders of Cobra who hold a 73.96% share of the company's capital.
It has also entered a conditional agreement with
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