Vodafone Group has announced its agreement with Zegona Communications to sell 100% of Vodafone Holdings Europe, specifically Vodafone Spain, for an enterprise value of €5.0 billion. The deal includes €4.1 billion in cash and up to €0.9 billion in Redeemable Preference Shares (RPS), with the transaction expected to complete in the first half of 2024. The sale aims to refocus Vodafone's resources towards markets with sustainable structures and sufficient local scale.