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Emirates State-Backed Telecom Firm Scoops Stake In Vodafone For $4.4B; Continues To Fuel Takeover Concerns

Benzinga

stake in Vodafone Group Plc (NASDAQ: VOD ), Bloomberg reports. Emirates Telecommunications Group Company PJSC , now known as e& bought a $4.4 Vodafone CEO Nick Read is trying to consolidate in key markets amid pressure from shareholders. Also Read: Vodafone Receives Takeover Bids For Vantage.

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Why Is Vodafone Stock Trading Lower Wednesday?

Benzinga

Vodafone Group Plc (NASDAQ: VOD ) stock is trading lower Wednesday as the UK antitrust regulator , Competition and Markets Authority (CMA), began its Phase 1 investigation into Vodafone UK’s joint venture agreement with CK Hutchison Holdings Ltd (OTC: CKHUY ) (OTC: CKHUF ) Three UK.

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Vodafone-CK Hutchison's UK Merger Under CMA Scrutiny: Report

Benzinga

The merger of Vodafone Group PLC (NASDAQ: VOD ) and CK Hutchison Holdings Ltd (OTC: CKHUY ) (OTC: CKHUF ) UK telecommunication businesses has reportedly come under the scrutiny of UK's Competition and Markets Authority (CMA). Post-merger of Vodafone UK and Three UK, Vodafone will own 51% of the combined business, and CKHGT.

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It's Official - Vodafone-CK Hutchison Finally Discloses Merger Deal Of UK Businesses

Benzinga

Vodafone Group PLC (NASDAQ: VOD ) inked a deal with CK Hutchison Group Telecom Holdings Limited (CKHGT) to merge their UK telecommunication businesses. Post-merger of Vodafone UK and Three UK, Vodafone will own 51% of the combined business, and CKHGT will have the remaining 49%. billion, of which £1.7

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Vodafone Agrees To Sell Its Ghana Operations To Telecel: Report

Benzinga

Vodafone Group Plc (NASDAQ: VOD ) agreed to sell its operations in Ghana to Telecel Group, Bloomberg reports quoting a company email. Vodafone entered Ghana in 2008, paying the west African county’s government $900 million for 70% of Ghana Telecommunications. Full story available on Benzinga.com.

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Major Mergers And Acquisitions Will Have A Direct Impact On The Crypto Market In 2023

Benzinga

Vodafone Group plc (LON:VOD) paid more than $180 billion for its archrival Mannesmann AG in 1999, American Online (NYSE: AOL ) acquired Time Warner for $165 billion in 2000, and Dow Inc. BitGo bought out the Kingdom Trust company, which manages over $12 billion and has more than 100,000 global customers.

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Tesla's Delivery Wait Times Go Up, China Wants To Secure License For Generic Version Of Pfizer's Paxlovid, India-Made iPhone Exports Surpass $2.5B: Today's Top Stories

Benzinga

billion worth of iPhones from India between April and December as the company diversified production amid supply disruptions in China. Goldman Sachs Group Inc (NYSE: GS ) is gearing up to eliminate about 3,200 positions this week. Vodafone Likely To Receive $1.8B Apple Inc (NASDAQ: AAPL ) exported more than $2.5 billion ($1.82

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