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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: 77.18
Bid: 77.30
Ask: 77.34
Change: -0.34 (-0.44%)
Spread: 0.04 (0.052%)
Open: 77.76
High: 78.74
Low: 77.02
Prev. Close: 77.52
VOD Live PriceLast checked at -

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Vodafone confirms NZ merger with TV operator

Thu, 09th Jun 2016 07:28

(ShareCast News) - Vodafone confirmed local rumours surrounding its New Zealand operation, announcing it was merging with subscription television provider Sky to create an integrated telecommunications and media group.The FTSE 100 firm said once combined with Sky - which is unrelated to the British subscription television firm of the same name - Vodafone will be a 51% shareholder of the combined group as a result of a consideration comprising an issue of nre Sky shares and NZD 1.25bn in cash, equivalent to an enterprise value of NZD 3.44bn.New Sky shares will be issued at NZD 5.40 per share, representing a 21% premium to Sky's last close of NZD 4.47.The combination is subject to the approval of at least 75% Sky shareholders, at a meeting on the proposed transaction in July."This is an exciting time for the rapidly evolving communications and entertainment industries," said Vodafone New Zealand chief executive Russell Stanners."The merger brings together SKY's leading sports and entertainment content with our extensive mobile and fixed networks, enabling customers to enjoy their favourite shows or follow their team wherever they are."The combination with SKY will bring greater choice, enhanced viewing experiences and will better serve New Zealanders as demand for packaged television, internet and telecoms services increases," Stanners explained.Sky chief executive John Fellet said the combination was a significant and positive step in Sky's evolution as a premium entertainment company."We already enjoy an excellent partnership with Vodafone, bringing together our two highly complementary businesses is in the best interests of shareholders and customers."The combined group will offer exciting new packages with Sky's premium entertainment content, Vodafone's communications and digital services of the future," Fellet explained.
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Fastweb exploring deal for Vodafone's Italian operations - report

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23 Nov 2023 16:09

London close: Stocks make small gains on quiet Thursday

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23 Nov 2023 13:10

Vodafone introduces new energy saving 5G technology in Germany

(Alliance News) - Vodafone Group PLC will introduce a new technology for 5G mobile coverage in rural areas in Germany using up to 40% less power.

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21 Nov 2023 09:54

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16 Nov 2023 15:53

UK dividends calendar - next 7 days

Friday 17 November 
Hays PLCdividend payment date
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Howden Joinery Group PLCdividend payment date
International Public Partnerships Ltddividend payment date
JPMorgan Japan Small Cap Growth & Income PLCdividend payment date
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Old Mutual Ltddividend payment date
Schroder European Real Estate Investment Trust PLCdividend payment date
Taylor Wimpey PLCdividend payment date
Tritax Big Box REIT PLCdividend payment date
Monday 20 November 
Dunelm Group PLCdividend payment date
Tuesday 21 November 
no events scheduled 
Wednesday 22 November 
CRH PLCdividend payment date
Henderson Eurotrust PLCdividend payment date
Thursday 23 November 
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abrdn Asia Focus PLCspecial ex-dividend payment date
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14 Nov 2023 16:18

London close: Stocks turn higher on cooler US inflation report

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TOP NEWS: Vodafone interim profit falls but maintains annual guidance

(Alliance News) - Vodafone Group PLC on Tuesday reported a lower profit in its financial first half but hailed growth in Germany.

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