Vodafone to Rebuff Pounds 38bn Cashback Call

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...

See the full content of this document

Sponsored links




ver las páginas en versión mobile | web

ver las páginas en versión mobile | web

© Copyright 2012, vLex. All Rights Reserved.

Contents in vLex United Kingdom

Explore vLex

For Professionals

For Partners

Company