Vodafone Share News (VOD)

REPEAT: UPDATE: Hong Kong Telecoms Tycoon In Talks To Buy O2 For GBP10 Billion

UPDATE: Hong Kong Telecoms Tycoon In Talks To Buy O2 For GBP10 Billion

London midday: Stocks extend post-ECB rally as UK retail data beats forecasts

UK stocks were up on Friday morning after data showed an unexpected rise in retail sales, though gains were modest with markets already trading at a four-month high following a €1.1trn stimulus plan in Europe. London's FTSE 100 was up 0.2% at 6,812 by midday, after finishing the previous session at

UPDATE 5-Hutchison to buy Telefonica UK unit for $15.4 bln

* Telefonica exiting UK to cut debt * Deal is boldest move in Europe for Hutchison * Consolidation heats up in UK telecoms sector (Adds more details on UK consolidation, Telefonica) By Julien Toyer and Denny Thomas MADRID/HONG KONG, Jan 23 (Reuters) - Li Ka-shing's Hutch

London open: Stocks extend rally post ECB, but mining shares fall

UK stocks were extending gains on Friday morning despite weakness in the mining sector, as sentiment continued to be boosted by the announcement of a €1.1trn stimulus package in the Eurozone. The FTSE 100 was up 0.5% at 6,832 early on after finishing the previous session at 6,796.60, its best finish

BUZZ-Telefonica: telecoms M&A hotting up

** Telefonica hits 1.5 mth highs after Li Ka-shing's Hutchison Whampoa Ltd agrees to buy co's British mobile unit O2 ** Move will dramatically change mobile market in Britain, where Hutchison already operates the Three network - buying second-ranked O2 will make it the country's top mobile

UPDATE 4-Li Ka-shing's Hutchison to buy Telefonica UK unit for $15.4 bln

* Telefonica exiting UK to cut debt * Deal set to be Li's biggest ever M&A * Li's revamped his businesses earlier this month * Hutchison shares jump more than 4 pct (Adds names of advisers, valuation paid for O2) By Julien Toyer and Denny Thomas MADRID/HONG KONG, J

REFILE-UPDATE 3-Li Ka-shing's Hutchison to buy Telefonica UK unit for $15.4 bln

(Corrects spelling of "achieved" in paragraph 23) * Telefonica exiting UK to cut debt * Deal set to be Li's biggest ever M&A * Li's revamped his businesses earlier this month * Hutchison shares jump more than 4 pct By Julien Toyer and Denny Thomas MADRID/HONG K

Hutchison Enters Talks For GBP9.25 Billion Cash Acquisition Of O2

UPDATE 3-Li Ka-shing's Hutchison to buy Telefonica UK unit for $15.4 bln

* Telefonica exiting UK to cut debt * Deal set to be Li's biggest ever M&A * Li's revamped his businesses earlier this month * Hutchison shares jump more than 4 pct (Recasts with company confirmation, CFO and analyst comment) By Julien Toyer and Denny Thomas MADRID

Hutchison looks to bring in minority partners for Telefonica's UK unit deal

HONG KONG, Jan 23 (Reuters) - Hutchison Whampoa Ltd group finance director Frank Sixt said on Friday the company is in talks with private equity firms among others to offer a minority stake in its planned bid for Telefonica's British unit O2. Earlier, Hutchison confirmed that it was in exc

Li Ka-shing's Hutchison says offers up to $15.4 bln for Telefonica's O2 UK

HONG KONG, Jan 23 (Reuters) - Li Ka-shing's Hutchison Whampoa Ltd said on Friday it had entered into exclusive talks to buy Telefonica's > British mobile unit O2 for up to 10.25 billion pounds ($15.4 billion). Hutchison, which already operates the Three Mobile network in Britain, agreed to

UPDATE 2-Li Ka-shing's Hutchison to buy Telefonica UK unit for $15bln-source

* Telefonica exiting UK to cut debt * Hutchison's European expansion has yet to generate desired result * Deal comes after Li's business revamp announced in January (Adds details of Hutchison's European telecoms business, Hutchison response) By Julien Toyer and Denny Thomas</p

UPDATE 1-Telefonica to sell British unit to Hutchison for $15 bln -source

(Adds details, background) MADRID, Jan 23 (Reuters) - Telefonica has agreed to sell its British unit O2 to Hutchison Whampoa Ltd in a deal valued at more than 10 billion pounds ($15 billion), a source with direct knowledge of the operation said on Thursday. The agreement, first report

South Africa plans $870 mln funding for Eskom by June -Treasury

JOHANNESBURG, Jan 22 (Reuters) - South Africa plans to inject $870 million into cash-strapped state utility Eskom as early as around June, a finance ministry spokesman said on Thursday, as part of its strategy to raise funds for the power company. Pretoria said in October it would sell "non