Well the s... has hit the fan. Is it the premium for possible takeover finally disappearing or vodaphone overpaying for new assets(as we are loaded) the reason? Whatever the reason could be worth a top up, unless you think vodaphone has lost it!!
Just checked my account and have received several hundred pounds from the verizon sale. I currently have dividends set to reinvest, but this seems not to have taken place in this instance. Was divi-reinvestment not an option?
NEW YORK, March 5 (IFR) - Any concerns about AT&T's desire to expand abroad didn't stop the telecom giant from attracting about US$6bn of demand on Wednesday morning for its first bond deal so far this year.
Bookrunners Bank of America Merrill Lynch, Goldman Sachs and Wells Fargo Securities closed the books at 11:30am, having garnered more than enough interest for the offering of five-year fixed and floating rate notes as well as AT&T's first 10-year offering since 2012.
AT&T was heavily rumored last year to be interested in buying Vodafone Plc. Rumors have swirled in the markets in the past week that it might also be considering cable assets in Europe.
British law required AT&T to respond to rumors last year that it was contemplating a purchase of Vodafone.
It said it wasn't pursuing such a deal, but analysts have interpreted that to mean that AT&T didn't want to rush a merger.
"The decision means that the company cannot acquire Vodafone over the next five months unless it obtains the approval of the Vodafone board," said Dave Novosel, strategist at Gimme Credit.
"But we suspect that Vodafone is still under consideration."
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