KKR said to be frontrunner for Vodafone's towers unit

3rd Nov 2022 11:34

(Sharecast News) - Private equity firm KKR is reportedly seen as the party to beat as it competes with Cellnex Telecom in the final race for a stake in Vodafone's towers unit, Vantage Towers.

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Vodafone creates new German JV with Altice

17th Oct 2022 07:35

(Sharecast News) - Telecommunications giant Vodafone has created a new joint venture with French firm Altice to deploy fibre-to-the-home services to up to 7.0m German homes over a six-year period.

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Berenberg lowers target price on Vodafone

10th Oct 2022 12:34

(Sharecast News) - Analysts at Berenberg lowered their target price on shares of telecommunications giant Vodafone from £1.35 to £1.15 on Monday, stating the group was at risk of slipping into European decline.

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Sector movers: Telecoms, homebuilders pace gains

3rd Oct 2022 16:06

(Sharecast News) - Interest rate sensitive sectors were topped the leaderboard after the government walked back on a proposed tax cut for top earners.

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Vodafone and Three step up merger talks - report

3rd Oct 2022 11:03

(Sharecast News) - Vodafone confirmed on Monday that it is in talks with Hong Kong-based CK Hutchison about a possible merger of its UK business with Three UK.

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Sunday newspaper round-up: British Steel, Takeovers, Credit Suisse

2nd Oct 2022 16:23

(Sharecast News) - Jingye Group, the Chinese outfit that brought British Steel out of insolvency in 2020, has told ministers that its two blast furnaces would not be viable unless financial support from taxpayers was forthcoming. In remarks to Sky News, insiders said the company may need "hundreds of millions of pounds" in order to keep the company's blast furnaces in Scunthorpe, north Lincolnshire, operational. It remained nevertheless unclear whether the rescue package would take the form of a grant or loan. - Sunday Telegraph

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Vodafone announces departure of two executive committee members

29th Sep 2022 07:56

(Sharecast News) - Vodafone announced on Thursday the retirement of two members of its group executive committee.

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Deutsche Bank stays at 'buy' on Vodafone, says shares 'cheap'

22nd Sep 2022 08:26

(Sharecast News) - Analysts at Deutsche Bank reiterated their 'buy' recommendation for shares of Vodafone, saying that the shares were "cheap" even while conceding that it had been a "disappointing" year thus far.

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French billionaire Xavier Niel snaps up 2.5% stake in Vodafone

21st Sep 2022 10:01

(Sharecast News) - Atlas Investissement, an investment vehicle of French billionaire businessman Xavier Niel, has snapped up a 2.5% stake in Vodafone.

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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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