Vodafone to take full control of UK mobile operator in £4.3bn deal

The Guardian World ·

Vodafone to take full control of UK mobile operator in £4.3bn deal

Vodafone is to take full control of the UK’s biggest mobile operator in a £4.3bn buyout deal with the Hong Kong conglomerate CK Hutchison. …

Vodafone is to take full control of the UK’s biggest mobile operator in a £4.3bn buyout deal with the Hong Kong conglomerate CK Hutchison. The billionaire Li Ka-shing’s business said it had agreed to sell its 49% stake in VodafoneThree – a network with more than 27 million subscribers – to its partner Vodafone. Vodafone will buy out CK Hutchison, paying cash, and cancel the shares. …

Original source: The Guardian World