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Pin to quick picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

London Stock Exchange
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Share Price: 67.82
Bid: 67.20
Ask: 69.98
Change: 0.00 (0.00%)
Spread: 2.78 (4.137%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 67.82
VOD Live PriceLast checked at -

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Ono takeover a 'vital strategic move' for Vodafone, says Jefferies

Mon, 17th Mar 2014 09:12

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 proactively, delivering on management's commitment to be credible in fibre convergence in key markets on a five-year view," the broker said."Against the backdrop of 60% Spain [operating profit] decline between 2010 and 2014, stabilisation becomes a credible prospect, especially against the backdrop of (gradually) improving macro."The broker said that the total consideration of €7.2bn in cash is in line with most expectations, while total cost and revenue synergies of €3bn are double the €1.5bn it had estimated."To the extent that there may have been some concern at the end of last week that VOD's bid could creep closer to €8bn, the outcome could be considered positive."Jefferies maintained a 'hold' recommendation and 238p target price for Vodafone.The stock was 1.1% higher at 224.55p by 09:34 on Monday.BC
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21 Dec 2023 16:53

LONDON MARKET CLOSE: Investors feel frosty ahead of US inflation

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21 Dec 2023 16:03

London close: Stocks finish weaker amid uninspiring data

(Sharecast News) - London's stock markets ended the day in negative territory on Thursday, despite a rebound on Wall Street in early trading, as investors digested lacklustre government borrowing and retail sales data.

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21 Dec 2023 11:54

LONDON MARKET MIDDAY: Stocks frosty ahead of US economic data

(Alliance News) - Investors were not in the festive spirit on Thursday, with stocks in London down, as the last load of US economic data edges closer.

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21 Dec 2023 08:59

LONDON MARKET OPEN: Santa rally fades after weak New York close

(Alliance News) - Stock prices in London lost sparkle early Thursday, after a broad-based sell-off on Wall Street.

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21 Dec 2023 08:57

Swisscom weighing offer for Vodafone's Italian business

(Sharecast News) - Swiss telecommunications firm Swisscom has been mulling over an offer for Vodafone's Italian operations early next year, according to Bloomberg, potentially countering a rival bid from Iliad SA.

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21 Dec 2023 07:47

LONDON BRIEFING: Hipgnosis Songs Fund delayed results show value fall

(Alliance News) - Stocks in London are expected to open lower on Thursday, in line with equity markets in Asia and New York.

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21 Dec 2023 06:58

LONDON MARKET EARLY CALL: London to follow NY and Tokyo into red

(Alliance News) - Stocks in London are set to open lower on Thursday, returning some of Wednesday's gains that followed a surprisingly tame UK inflation reading.

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20 Dec 2023 19:56

PRESS: Swisscom weighs up offer for Vodafone's Italian business

(Alliance News) - Swisscom AG is weighing an offer for Vodafone Group PLC's Italian business early next year, potentially countering a rival bid from Iliad SA for the unit, Bloomberg reported, citing people familiar with the matter said.

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20 Dec 2023 08:48

LONDON MARKET OPEN: Stocks feeling festive on UK, US rate cut hopes

(Alliance News) - Stock in London enjoyed a broad-based rally at Wednesday's open, as a surprise UK inflation print boosted risk sentiment, with investors pinning their hopes on UK and US interest rate cuts next year.

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19 Dec 2023 06:00

Safaricom's Ethiopia struggle deters potential telecoms investors

Telecoms sector once seen as key prize in liberalisation drive

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18 Dec 2023 17:36

European shares ease as ECB officials temper rate cut optimism

Germany to end e-vehicle subsidy programme

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18 Dec 2023 17:21

Energy stocks lift UK's FTSE 100, Vodafone shines

Vodafone jumps as Iliad offers to merge Italian units

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18 Dec 2023 16:35

Vodafone shares climb as Iliad proposes Italian merger

Vodafone is reviewing options for its Italian unit

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18 Dec 2023 15:35

London close: Stocks make small gains in wake of rate decisions

(Sharecast News) - London stocks closed with minimal changes on Monday, following a week marked by significant central bank decisions.

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18 Dec 2023 11:50

LONDON MARKET MIDDAY: Stocks edge higher amid festive cheer

(Alliance News) - Stock prices in London were outperforming its European peers at midday Monday, after investors digested some hawkish comments from US Federal Reserve officials.

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