May 9, 2018 / 6:30 AM / 14 days ago

Vodafone confirms 18.4 bln euro purchase of Liberty assets

LONDON, May 9 (Reuters) - Vodafone Group has agreed an 18.4 billion euro ($21.79 billion) deal to buy Liberty Global’s operations in Germany, Czech Republic, Hungary and Romania.

Vodafone said adding Liberty’s cable TV and broadband services to its mobile operations would create the first truly converged pan-European company able to take on former incumbents like Deutsche Telekom.

$1 = 0.8442 euros Reporting by Paul Sandle; editing by Kate Holton

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