Vodafone to sell Hungarian business to state-owned Corvinus for $1.8b

Vodafone to sell Hungarian business to state-owned Corvinus for $1.8b

Photo: Hemant Mishra/Mint

Britain’s Vodafone will sell its Hungarian business for 715 billion forints ($1.8 billion) in cash, it said on Monday, in a deal that will create a locally-owned telecom leader in the central European country.

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