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- 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
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LONDON (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
Read moreUK stocks are expected to open with little change as traders await to see what effect the result of the referendum on Crimea held over the weekend will have on other markets. City sources predict the FTSE 100 will open five points lower than Friday's close of 6,527.89. The Moscow-backed referendu
Read moreLONDON, March 17 (Reuters) - Britain's Vodafone has agreed a deal to buy Spanish cable operator Ono for 7.2 billion euros ($10.03 billion), in the latest deal to rebuild its European operations. Vodafone said it expected to achieve cost and capital expenditure synergies of approximately 240
Read moreVodafone has agreed to buy Grupo Corporativo Ono, Spain's largest next-generation network, for 7.2bn euros. The deal complements Vodafone Spain's network and will expand the company's reach in the European market. Vodafone expects to achieve cost and capital expenditure synergies with a run-rate o
Read moreNEWBURY (Alliance News) - British telecom giant Vodafone Group PLC has reached a deal to buy Spanish cable operator Grupo Corporativo Ono SA for about 7.2 billion euros or USD10.01 billion, including the assumption of debt, according to media reports on Sunday. The deal will likely be announced b
Read moreMarch 16 (Reuters) - Britain's Vodafone has agreed to buy Spanish cable operator Ono for 7.2 billion euros ($10.03 billion) in a deal that is set to be announced on Monday, a person familiar with the matter told Reuters. The purchase of private equity-backed Ono will be Vodafone's third Eur
Read moreTesco is under pressure from investors to use "shock and awe" tactics to win the coming price war between supermarkets, the Sunday Times said. The call for aggressive action follows WM Morrison's announcement last week that it would spend £1bn over three years to attract customers back from Aldi and
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