Exclusive: Vodafone and Hutchison to announce UK merger as soon as Friday

are in the final stages of agreeing to merge their British operations, with a long-awaited announcement expected as soon as Friday or early next week, three sources have told Reuters.

The structure of the agreed deal is in line with Vodafone's announcement in October, with the British group owning 51% and Hutchison owning 49%, achieved by adjusting the ownership of debt rather than exchanging cash, one of the sources said.Hutchison declined to comment. Vodafone was not immediately available to comment.

The tie-up will create Britain's biggest mobile operator with about 27 million customers, overtaking BT's

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Exclusive: Musk's Neuralink valued at about $5 bln despite long road to marketElon Musk's brain implant startup Neuralink, which was valued at close to $2 billion in a private fundraising round two years ago, is now worth around $5 billion based on privately executed stock trades described to Reuters by five sources with knowledge of the matter.
Sumber: Reuters - 🏆 2. / 97 Baca lebih lajut »