12 December 2017
Vodafone and Melita call off merger
Melita and Vodafone have called off plans for a merger, saying that they were unable to meet the conditions stipulated by the competition authority.
The merger intention was first announced in May 2017, when the Vodafone Group Plc, Apax Partners Midmarket SAS and Fortino Capital said they wanted to create a fully integrated communications company in Malta.
However, the merger was immediately criticised by competitor GO and raised the ire of various consumers who said that it would restrict competition. The proposed deal would have seen the number of mobile telecom-network owners in Malta reduced to two from three.
RBB Economics advised GO who was a third party in the merger review. To read the full article click here