Vodafone shares gain on Italian sale and share buyback
Italian business sold for ?8 billionDividend to halve from 2025, ?4 billion buybackReshaped business to focus on growth marketsSo-called win-win deals are often touted but rarely delivered, but Vodafone?s (VOD) sale of its Italian business to Swisscom (SCMN:SWX) appears to have pleased both sets of shareholders with shares in the former up 5% and the latter 2% ahead on the news.Swisscom...