Tuesday, August 09, 2005
Vodafone Sweden
09/08/2005 Vodafone Sweden denies sale rumours
Story: Vodafone Sweden, the Swedish subsidiary of the UK mobile telecom giant Vodafone, has denied rumours that it is for sale, according to Dagens Industri. The paper cited manager of Vodafone Sweden, Grahame Maher, who said that he took over the Swedish operations three months ago and he did definitely not go to Sweden in order to sell the company. This came after reports in the UK press this weekend that Norwegian Telenor is looking to acquire Vodafone´s Swedish operations. Meanwhile, the paper also wrote that analysts believe that Vodafone Sweden probably is for sale and that Telenor is a potential bidder.
Source: Dagens Industri
Value: €750m (min. possible price of target)
Story: Vodafone Sweden, the Swedish subsidiary of the UK mobile telecom giant Vodafone, has denied rumours that it is for sale, according to Dagens Industri. The paper cited manager of Vodafone Sweden, Grahame Maher, who said that he took over the Swedish operations three months ago and he did definitely not go to Sweden in order to sell the company. This came after reports in the UK press this weekend that Norwegian Telenor is looking to acquire Vodafone´s Swedish operations. Meanwhile, the paper also wrote that analysts believe that Vodafone Sweden probably is for sale and that Telenor is a potential bidder.
Source: Dagens Industri
Value: €750m (min. possible price of target)