Friday, April 28, 2006
Vodafone sees rumours of 155p per share Verizon offer - report
Vodafone sees rumours of 155p per share Verizon offer - report
Story
Vodafone was the subject of speculation regarding a potential 155p per share offer from Verizon, a Financial Times market report said. The report did not cite sources. The Times’ Rumour of the Day column noted talk that Verizon, the US-listed telecoms group, will acquire Vodafone’s shareholding in Verizon Wireless, the US mobile network joint venture between the two groups. Analysts cited by the Times report said the Verizon Wireless stake as being peripheral to Vodafone. Vodafone shares were 2.75p up to 130.5p at the close of trading, giving the company a market capitalisation of GBP 78.47bn (EUR 112.84bn).
Source
Financial Times, The Times
Story
Vodafone was the subject of speculation regarding a potential 155p per share offer from Verizon, a Financial Times market report said. The report did not cite sources. The Times’ Rumour of the Day column noted talk that Verizon, the US-listed telecoms group, will acquire Vodafone’s shareholding in Verizon Wireless, the US mobile network joint venture between the two groups. Analysts cited by the Times report said the Verizon Wireless stake as being peripheral to Vodafone. Vodafone shares were 2.75p up to 130.5p at the close of trading, giving the company a market capitalisation of GBP 78.47bn (EUR 112.84bn).
Source
Financial Times, The Times
