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 | |
---|---|---|---|---|---|---|---|---|---|---|
-0.11 | -0.74% | 14.73 | 14.65 | 15.00 | 14.74 | 14.61 | 14.68 | 3,581,332 | 22:18:59 |
Vodafone, Three UK in Talks Regarding Combination, Financial Times Reports
12/05/2022 1:37pm
Dow Jones News
--Vodafone Group PLC and Three UK have entered discussions to combine their U.K. operations, the Financial Times reports, citing unnamed sources.
--A combination would represent the latest attempt at U.K. mobile market consolidation as Vodafone faces pressure from activist investor Cevian Capital to simplify its business and improve returns, the FT says.
--A deal could attract the attention of competition authorities if it brought together the third- and fourth-largest mobile-network operators in the country, according to the FT.
Full story: https://on.ft.com/3wpfW4c
Write to Kyle Morris at kyle.morris@dowjones.com
(END) Dow Jones Newswires
May 12, 2022 08:22 ET (12:22 GMT)
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