Summary
VODAFONE today called an emergency board meeting which is likely to roundly reject dramatic proposals from activist investors aimed at releasing value from the mobile phones giant.
Shares in Vodafone soared 5p to 160.1p, making the group worth Pounds 84.5 billion, as the directors went into a huddle.See the full content of this document
Extract
Vodafone to Rebuff Pounds 38bn Cashback Call
The activist group, Efficient Capital Structures (ECS), is campaigning to break out some of Vodafone's value with four resolutions...
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