Vodafone Group PLC - Berkshire, England-based telecommunications company - Completes sale of Vodafone Hungary to 4iG Public Ltd Company and Corvinus Zrt for a cash consideration of HUF660 billion, or EUR1.7 billion. Vodafone Hungary is a wholly-owned indirect subsidiary of Vodafone Group, while 4iG is the leading telecommunications and IT group in Hungary. Proceeds from the sale are intended to be used for deleveraging.

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By Holly Beveridge; Alliance News reporter

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