--Swisscom's Fastweb unit is looking to buy Vodafone Group's Italian business, Bloomberg reports, citing unnamed sources.

--Bloomberg also says that Vodafone has been in on-off talks with French billionaire Xavier Niel's Iliad over the potential merger of their Italian businesses.

--Vodafone declined to comment on the report when approached by Dow Jones Newswires. Neither Swisscom nor Iliad immediately responded when contacted for comment.

--Vodafone shares at 1501 GMT were up 1.55% at 71.97 pence compared with a 0.06% fall in the FTSE 100 index.

Full story: https://tinyurl.com/yc37cnb5

Write to Ian Walker at ian.walker@wsj.com

(END) Dow Jones Newswires

November 24, 2023 10:21 ET (15:21 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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