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VOD Vodafone Group PLC

8.66
0.13 (1.52%)
04 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
  0.13 1.52% 8.66 8.36 9.20 8.64 8.54 8.61 3,055,558 05:00:08

Vodafone, CK Hutchison Set to Unveil GBP15 Billion U.K. Tie-Up , FT Reports

04/05/2023 6:24am

Dow Jones News


Vodafone (NASDAQ:VOD)
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-- Vodafone and CK Hutchison are poised to agree to a 15 billion-pound (US$18.8 billion) combination of their United Kingdom telecom businesses, the Financial Times reports, citing unnamed sources.

-- The companies are expected to announce the deal this month, FT reports.

-- The deal would value the equity of the combined group at about GBP9 billion, and the new entity would own roughly GBP6 billion of debt, taking its enterprise value to about £15 billion, Financial Times reports.

 

Full story: https://on.ft.com/3ntB60x

 

Write to Yifan Wang at yifan.wang@wsj.com

 

(END) Dow Jones Newswires

May 04, 2023 01:09 ET (05:09 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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