Vodafone Share News (VOD)

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

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

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

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

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

FTSE 100 movers: Pearson soars on higher-than-expected profits, Sports Direct sinks on share sales

Pearson, the Financial Times and education publisher, rose strongly after guiding to higher profits in 2015 as it maintained its forecast for results last year. Adjusted earnings per share should rise to 75p-80p this year, compared with an estimated 66p in 2014. Vodafone was also among the risers

UK MORNING BRIEFING: Shares Open Higher As Market Looks Ahead To ECB

Sunday share tips: Mitie, UK Mail, Vodafone

Mitie's shares have fallen but not as fast as those of outsourcing rivals such as Serco and Balfour Beatty, Danny Fortson pointed out in the Sunday Times. Matthew Earl, a former City analyst who writes a blog, criticised Mitie for buying companies to compensate for its own slow progress and for the

Friday tips round-up: Associated British Foods, Income stocks

Discount clothing brand Primark has been the main engine behind the rise in shares of Associated British Foods. However, as the unit's rapid rate of growth in both profits and revenues has slowed down so too the company's stock has fast become overvalued. Over the last five years the shares have ris

EU considers domestic-rate data roaming allowance for travellers

By Julia Fioretti BRUSSELS, Jan 16 (Reuters) - European Union consumers could pay domestic rates to access mobile internet data across the 28-nation single market under EU Council proposals to grant travellers an allowance capped at their home tariffs. The "roam like at home" option p

Vodafone's chief technology officer steps down

Vodafone's chief technology officer Steve Pusey is retiring from the company on 31 July 2015, according to a statement on Thursday. Pusey has been with the group for eight years during which he has led the global expansion of Vodafone's 3G services and the launch of 4G in 15 countries. Johan Wiberg