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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Tata Communications Limited American Depositary Shares | NYSE:TCL | NYSE | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 6.62 | 0.00 | 01:00:00 |
Cable & Wireless Worldwide PLC (CW.LN), Wednesday confirmed that discussions with Vodafone Group PLC (VOD.LN), are ongoing, adding that Vodafone must, by a deadline of not later than 1600 GMT on April 19, either announce a firm intention to make an offer for Cable & Wireless or announce that it does not intend to make an offer.
MAIN FACTS:
-There can be no certainty that any offer will be made, nor as to the terms of any offer.
-This deadline will only be extended with the consent of the Takeover Panel.
-Cable&Wireless Worldwide notes the announcement Wednesday by Tata Communications Ltd. (500483.BY) stating that it does not intend to make an offer for Cable&Wireless.
-Cable & Wireless Worldwide shares closed Wednesday at 37.1 pence, valuing the company at GBP992.5 million.
-By Razak Musah Baba, Dow Jones Newswires; 44-20-7842-9275; razak.baba@dowjones.com
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