Iliad offer11 Feb 2022 17:59
On reflection I think Cevion & any other activist investors would be glad vod turned down the bid. Cevion, & the vod B.O.D. want mergers & cost saving co operation, not the sale of a big chunk of vodafone. What would vod do with £12 billion. If they pay of deb't, can they save more in interest on the £12billion than they can make in profits from the Italian vodafone? Probably not? Vod want to increase profits, whilst gradually paying down deb't, & am pretty sure that is not only the plan of the activist investors, but also Nick Read as his band of merry men!