DLA Piper advises Vodafone on €7.2bn acquisition of Ono
DLA Piper has advised Vodafone Holdings Europe S.L.U. (Vodafone) on its acquisition of Spanish cable company Grupo Corporativo Ono, S.A. (Ono) for €7.2 billion on a debt and cash free basis.
Ono has the largest next-generation network in Spain with approximately 7.2 million homes released to marketing serving 1.9 million customers in 13 of Spain’s 17 regions. It is the market leader in high speed broadband, offering superior speeds and the most innovative pay-TV service in Spain. The network has abundant spare capacity and a future-proof fibre architecture.