GIC to acquire a 25% stake in MasOrange and Vodafone Spain from Zegona.

GIC, a global investment firm, agreed to acquire a 25% stake in MasOrange, a provider of fixed, mobile and TV services for residential and business customers across Spain, and Vodafone Spain, a national provider of fixed, mobile and TV services in Spain, from Zegona, a company that engages in investing in the telecommunications, media, and technology businesses in Europe.