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Asian shares weaken after ECB holds fire on new stimulus – business live

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Rolling coverage of the latest economic and financial news as traders await US growth data

Vodafone’s gains today would put it on track for its best day since November, after it said it will spin off its mobile masts business – potentially earning it more than £10bn. The move would create Europe’s largest tower company, said chief executive Nick Read. Barclays has previously valued the business at €12bn .

 

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