Vodafone shares dip as Verizon denies $245 billion takeover rumors

well we await the main news..

Gigaom

Well, that was quick. On Tuesday, the buzz was that Verizon(s vz) and AT&T(s t) were thinking of bidding an eye-watering $245 billion for the UK-based carrier Vodafone(s vod). If true, this would have represented the biggest M&A transaction ever.

However, late on Tuesday evening Verizon issued the following statement, which keeps alive the perennial possibility of Verizon buying out Voda’s stake in their joint venture, Verizon Wireless, but which is also pretty categorical on the latest rumor:

“As Verizon has said many times, it would be a willing purchaser of the 45 percent stake that Vodafone holds in Verizon Wireless. It does not, however, currently have any intention to merge with or make an offer for Vodafone, whether alone or in conjunction with others.”

The denial knocked down Voda’s share price by – at the time of writing – 2.2 percent on intra-day trading. That said, according to Bloomberg

View original post 71 more words

Advertisements

8 thoughts on “Vodafone shares dip as Verizon denies $245 billion takeover rumors

  1. Hi there! This blog post couldn’t be written much better! Going through this post reminds me of my previous roommate! He constantly kept preaching about this. I’ll forward this article to him. Fairly certain he’s going to have a very good read. Many thanks for sharing!

  2. Having read this I thought it was rather informative. I appreciate you finding the time and energy to put this informative article together. I once again find myself spending a lot of time both reading and commenting. But so what, it was still worthwhile!

  3. Right here is the perfect site for anyone who wishes to find out about this topic. You realize so much its almost hard to argue with you (not that I actually will need to…HaHa). You definitely put a fresh spin on a subject that has been written about for years. Great stuff, just great!

  4. Good post. I learn something new and challenging on websites I stumbleupon on a daily basis. It’s always useful to read through content from other authors and practice something from their web sites.

  5. This is the right webpage for anybody who hopes to understand this topic. You understand a whole lot its almost hard to argue with you (not that I really will need to…HaHa). You certainly put a brand new spin on a subject that’s been discussed for decades. Great stuff, just wonderful!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s