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The quad club

17 March 2014 By Fiona Maharg-Bravo

The UK mobile giant is paying 7.2 bln euros for Spain’s top cable firm. A punchy 10.5 times 2013 EBITDA was enough to stop Ono floating instead. Still, this makes strategic sense. It should stack up financially too – if Vodafone delivers cost savings worth a promised 2 bln euros.

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