Vodafone (VOD) Affirms Discussions with Verizon (VZ)
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Verizon (VZ) Acquires Vodafone's (VOD) Stake in Verizon Wireless for $130B
September 2, 2013 2:31 PM EDTAfter years of on again off again talks, Verizon Communications (NYSE: VZ) and Vodafone Group Plc (Nasdaq: VOD) reached a definitive agreement for Verizon to acquire Vodafone's 45 percent of Verizon Wireless for $130 billion, consisting primarily of cash and stock.
Verizon expects the transaction at close to be immediately accretive to the company's EPS by approximately 10 percent, without any one-time adjustments.
The transaction was unanimously approved by the boards of directors of Verizon and Vodafone, and is subject to customary closing conditions, including regulatory approvals... More
AT&T (T) Keeps Eye on Vodafone (VOD); May Approach Following Verizon (VZ) Deal
August 30, 2013 7:51 AM EDTVerizon (NYSE: VZ) and Vodafone (Nasdaq: VOD) saw a strong pop Thursday following reports that the two are back in talks over the Verizon Wireless joint venture. With a potential transaction value of up to $130 billion, is largely expected to be one of the biggest M&A... More
Verizon (VZ) / Vodafone (VOD) Talks Seem 'More Real This Time'
August 29, 2013 8:03 AM EDTOn Thursday morning shares of Verizon Communications (NYSE: VZ) and Vodafone (Nasdaq: VOD) moved higher on reports the two companies are back in discussions over control of Verizon Wireless. In the view of Wells Fargo analyst Jennifer M. Fritzsche, this time... More
Verizon (VZ), Vodafone (VOD) Pop as Talks Over Wireless Stake Continue
August 29, 2013 6:41 AM EDTVerizon Communications (NYSE: VZ) and Vodafone (Nasdaq: VOD) are up in early trading Thursday following reports that the two companies are back in discussions over control of Verizon Wireless.
Reports have Vodafone confirming... More