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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
  0.15 1.02% 14.91 14.70 14.91 14.835 14.685 14.71 2,959,538 01:00:00

Vodafone Gets Bids from Infrastructure Funds for Majority Stake in Vantage Towers, Reuters Reports

18/03/2022 9:23am

Dow Jones News

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--Infrastructure funds have approached Vodafone Group PLC with the aim of investing in its Vantage Towers AG telecommunications company, Reuters reports, citing unnamed sources.

--Global Infrastructure Partners LLC and Brookfield Asset Management Inc. are among the bidders, which have submitted unsolicited proposals for a majority stake in Vantage Towers, valuing it at a premium to its current valuation of 15 billion euros ($16.64 billion), Reuters says.

--Vodafone is evaluating the proposal but hasn't taken a decision yet, according to Reuters.


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Write to Sabela Ojea at; @sabelaojeaguix


(END) Dow Jones Newswires

March 18, 2022 05:08 ET (09:08 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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