Finance / Greece
Merger Collapse Presents New Opportunities
February 2012 | Corporate Financing AnalysisVodafone has abandoned its attempt to merge with Greek rival Wind Hellas as a result of regulatory opposition from the European Union. European regulators are against the Greek mobile market being reduced to just two operators, as the merged entity would have been left with only market leader Cosmote for competition. BMI welcomes the European Union's emphasis on competition, and we argue that the collapse of the merger could see new forms of cooperation and alternative acquisitions that would be of greater benefit to Vodafone.
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