Vodafone Group plc (VOD) may acquire Spanish cable company ONO SA

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Vodafone Group plc (LON:VOD) may be acquiring Spain’s cable operator Grupo Corporativo ONO SA. Grupo was initially planning to go public, according to Reuters. The deal may be announced in the next few weeks. Orange and Vodafone both have an interest in increasing their marketshare in Spain to compete against former monopoly Telefonica.

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