Vodafone Group Plc has agreed to sell its Italian business to Swisscom AG for €8 billion ($8.7 billion) in cash and said it will buy backBloomberg Terminal €4 billion in stock as the company seeks to streamline its operations and boost its lagging share price. Swisscom will merge Vodafone Italia with its Fastweb SpA Italy subsidiary, and the deal is expected to close in the first quarter of 2025, the companies said in a statement Friday, confirming an earlier Bloomberg report. Switzerland’s gove...