Zeus is delighted to have provided independent financial advice to the Independent Directors of Zegona Communications plc on certain aspects of the Takeover Code in connection with its proposed €5.1 billion acquisition of Vodafone Spain.
The transaction is being financed through c.€4 billion of committed debt, €900 million of financing from Vodafone and a €300 million equity raise with an additional retail offer of up to €8 million via PrimaryBid. The transaction constitutes a reverse takeover.
The transaction is another example of Zeus’ strong credentials in advising public companies involved in complex, cross-border transactions.