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VOD Vodafone Group PLC

8.55
-0.09 (-1.04%)
08 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Vodafone Group PLC NASDAQ:VOD NASDAQ Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.09 -1.04% 8.55 8.51 8.61 8.63 8.49 8.58 3,943,045 01:00:00

U.K. Regulator May Probe Capita-Vodafone Pager Deal

10/05/2017 7:52am

Dow Jones News


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By Rory Gallivan

 

LONDON--The U.K.'s Competition and Markets Authority said Wednesday it will conduct an in-depth investigation into outsourced service provider Capita PLC's (CPI.LN) acquisition of telecommunications company Vodafone Group PLC (VOD.LN) pagers business unless the companies address competition concerns.

The CMA said its initial investigation into the merger found it could lead to substantially reduced competition and customers could face price rises and reduced quality of coverage.

Capita has until May 17 to offer proposals to resolve the competition concerns, the CMA said.

 

-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan

 

(END) Dow Jones Newswires

May 10, 2017 02:37 ET (06:37 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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