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Vodafone in talks to sell Italian unit to Swisscom
Vodafone in talks to sell Italian unit to Swisscom

British telecoms giant Vodafone is in advanced talks to sell its Italian unit to Switzerland's Swisscom, agreeing on a preliminary price of eight billion euros ($8.7 billion), the companies said Wednesday. Swisscom said it would merge Vodafone Italy with its own Italian unit, Fastweb.