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* Vodafone banks to earn fees of $22-$27 mln -Freeman Consulting * Advisers to Ono to be paid $28-$35 million -Freeman Consulting * M&A activity in TMT sectors up 186 pct on-year By Clare Hutchison LONDON, March 17 (Reuters) - Bankers working on Vodafone's $10 billion dea
Read more* Deal is 3rd buy of European fixed-broadband asset in 2 yrs * Allows Vodafone to offer combination of services in Spain * Vodafone targets around 240 mln euros savings per year * Price is multiple of 10.4x Ono's operating free cash flow By Kate Holton LONDON, March
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Vodafone's 7.2bn-euro offer for Spanish telecoms group Ono is a "vital strategic move", according to Jefferies, which said that a stabilisation of the UK group's business in Spain is now possible. "The clear positive from this morning [...] is that VOD is addressing a key strategic weakness proact
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(Correcting direction of FTSE 250 index.) LONDON (Alliance News) - Housebuilders lead a surprisingly upbeat UK equities market Monday, occupying six of the top ten spaces in the FTSE 350, buoyed by an extension to the UK government's Help to Buy scheme.
Chancellor George Osbor
LONDON (Alliance News) - Housebuilders lead a surprisingly upbeat UK equities market Monday, occupying six of the top ten spaces in the FTSE 350, buoyed by an extension to the UK government's Help to Buy scheme.
Chancellor George Osborne confirmed that the government's flagship Help
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.
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FTSE 100 - WINNERS
Persimmon, up 4.7%. The housebuilder's share price has jumped following c
- Crimea votes to rejoin Russia - Russia-West tensions high after referendum - Housebuilders rise on Help to Buy, housing data - Glencore Xstrata leads miners higher, Vodafone gains techMARK 2,783.12 +0.64% FTSE 100 6,551.58 +0.36% FTSE 250 16,237.65 +0.70% UK stocks were performing well on Monday
Read moreLONDON (Alliance News) - The following is a summary of top news stories Monday.
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COMPANIES
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Vodafone Group PLC confirmed that it will acquire Grupo Corporative Ono S.A for EUR7.2 billion, as part of its strategy to build
March 17 (Reuters) - Vodafone Group Plc agreed to buy Spain's largest cable operator Ono for 7.2 billion euros ($10 billion) in the latest move by the British group to expand its European operations with a broadband offering. Having reaped a $130 billion windfall by selling its stake in Ver
Read moreLONDON (Alliance News) - UK and European stocks are making gains Monday, while the price of gold has eased slightly from its six-month high, as global markets appear to take the expected result from a referendum in Crimea in their stride. By mid-day Monday the FTSE 100 is up 0.4% at 6,555.9
Read more* Deal is 3rd buy of European fixed-broadband asset in 2 yrs * Allows Vodafone to offer combination of services in Spain * Vodafone targets around 240 mln euros savings in 4 yrs * Price is multiple of 10.4x Ono's operating free cash flow By Kate Holton LONDON, March
Read moreVodafone's 7.2bn-euro offer for Spanish telecoms group Ono is a "vital strategic move", according to Jefferies, which said that a stabilisation of the UK group's business in Spain is now possible. "The clear positive from this morning [...] is that VOD is addressing a key strategic weakness proacti
Read more- Crimea votes overwhelmingly to rejoin Russia - FTSE 100 bounces after three per cent fall last week - Housing stocks gain on Help to Buy extension - Vodafone to buy Ono for 7.2bn euros techMARK 2,784.02 +0.68% FTSE 100 6,552.67 +0.38% FTSE 250 16,257.31 +0.82% UK equities were making decent gain
Read moreLONDON (Alliance News) - Shares have opened higher Monday despite the Crimea voting at the weekend to join Russia.
Vodafone confirmed Monday it will acquire Grupo Corporative Ono for EUR7.2 billion, bringing the UK mobile phone giant a fibre network that connects 7.
LONDON (Alliance News) - Vodafone Group PLC Monday confirmed that it will acquire Grupo Corporative Ono S.A for EUR7.2 billion, as part of its strategy to build a unified communications provider in Spain. The company said it expects to achieve cost and capex synergies from the acquisition o
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