KKR, GIP said to pursue Vodafone's Towers arm, shares spark

15th Sep 2022 12:53

(Sharecast News) - Vodafone shot higher on Thursday following a report that KKR & Co. and Global Infrastructure Partners are among private equity firms competing for a stake in the company's wireless towers unit.

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Vodafone agrees to sell Hungary business for €1.8bn

22nd Aug 2022 07:03

(Sharecast News) - Vodafone on Monday said it had agreed to sell its Hungary business to 4iG and Corvinus, a Hungarian state holding company, for €1.8bn.

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Canada's CDPQ in talks to buy Vodafone's Indus Towers stake - report

19th Aug 2022 06:55

(Sharecast News) - Canadian pension fund Caisse de depot et placement du Quebec (CDPQ) is reportedly in talks with Vodafone to buy the residual 21% stake it owns in Indus Towers, India's largest mobile tower installation company.

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Vodafone Q1 German revenues fall

25th Jul 2022 07:03

(Sharecast News) - Telecoms group Vodafone reported a rise in first quarter revenues, driven by growth in the UK, but reported a fall in Germany, its biggest market.

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Precious metals miners jump as Greenback catches a bid ahead of US CPI report

9th Jun 2022 19:27

(Sharecast News) - Precious metals miners were at the bottom of the pile on Thursday as the greenback caught a bid in the wake of the latest European Central Bank policy announcement and ahead of a potentially market-moving US consumer price report due out the next day.

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JP Morgan thinks risk-reward for equities will likely improve going into 2H

6th Jun 2022 13:23

(Sharecast News) - Equity strategists at JP Morgan sounded a relatively upbeat note on the outlook for stocks globally.

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Berenberg keeps Vodafone at 'hold' following FY results

31st May 2022 15:15

(Sharecast News) - Analysts at Berenberg took a fresh look at telecommunications giant Vodafone following the group's full-year results last Friday.

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Vodafone warns on inflation as FY profits rise

17th May 2022 07:35

(Sharecast News) - Mobile telecoms group Vodafone on Tuesday posted a 5% rise in annual profits as its German operations performed strongly, but warned that inflation was likely to hit current-year figures.

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Tuesday preview: UK employment, Vodafone in focus

16th May 2022 15:59

(Sharecast News) - The market spotlight on Tuesday will be on UK employment with economists keen to see whether the labour market remains tight and how well - given the ongoing cost-of-living crisis - wage growth is holding up.

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Middle Eastern telco e& acquires 9.8% stake in Vodafone

16th May 2022 13:34

(Sharecast News) - Middle Eastern telecommunications firm e& has picked up an almost 10% stake in British mobile phone company Vodafone amid pressure for a shake-up of the business.

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Sunday newspaper round-up: Vodafone, Bank of England, Ukrainian grain

15th May 2022 15:02

(Sharecast News) - State-controlled Emirates Telecommunications Group has amassed a 9.8% stake in Vodafone. However, Etisalat, as the Abu Dhabi telecoms operator is know, has said it has no intention of making a takeover bid nor is it "seeking to exert control or influence". That statement in effect bars it from being able table a bid for six months. Be that as it may, Enders analyst., Karen Egan, believes that the move adds to the pressure on Vodafone boss, Nick Read, to accelerate his restructuring plans. The company, which is due to present results on Tuesday, was already facing calls from some of its main shareholders to slim its operations and boost returns. - The Financial Times on Sunday

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Jefferies cuts Vodafone to 'hold', cites 'intractable headwinds'

13th May 2022 07:47

(Sharecast News) - Jefferies downgraded Vodafone on Friday to 'hold' from 'buy' and cut the price target to 125p from 150p as it pointed to "intractable headwinds".

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Sunday newspaper round-up: Twitter, M&S, TalkTalk

17th Apr 2022 17:10

(Sharecast News) - Elon Musk has begun discussions with possible partners for a bid on Twitter after the iconic social media outfit put in place a so-called 'poison pill' in an attempt to thwart a mooted £33bn takeover. That stratagem was preceded by Twitter's rejection of an offer from Musk last Friday worth $54.20 a share. The pill would be activated should Musk take his own stake over the 15% threshold. - Sunday Times

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TalkTalk considering possible £3bn sale

8th Apr 2022 12:15

(Sharecast News) - TalkTalk is facing a queue of potential suitors, it was reported on Friday, amid a global storm of telecom consolidations.

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Berenberg downgrades Vodafone to 'hold'

5th Apr 2022 09:07

(Sharecast News) - Berenberg downgraded Vodafone to 'hold' from 'buy' on Tuesday and trimmed the price target to 145p from 150p, as it said there are simpler investments cases in the sector that are less reliant on M&A execution and offer more upside.

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