Vodafone-Three merger could get green light, watchdog says [Yahoo! Finance]
Vodafone Group Plc - American Depositary Shares each representing ten Ordinary Shares (VOD)
US:NASDAQ Investor Relations:
vodafone.com/content/index/investors.html
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Source: Yahoo! Finance
The Competition and Markets Authority (CMA) had previously said that creating what would be the country's biggest mobile network could drive up prices and harm competition. But it has now provisionally concluded those concerns could be addressed - and the merger could proceed - if the firms agree to its proposed remedies. A Vodafone spokesperson said both companies would need to study the CMA's proposal more closely but believed on first impressions it "provides a path to final clearance". They insisted, as they have throughout, that the deal was in everyone's interests. "It will bring significant benefits to businesses and consumers throughout the UK, and it will bring advanced 5G to every school and hospital across the country," they said. The CMA's findings are the latest step in its probe into the merger, which began in January. Vodafone and Three announced their plans to merge their UK-based operations in June last year. Their combined network would have around 27
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VOD
Sec Filings
- 11/15/24 - Form 6-K
- 11/14/24 - Form 6-K
- 11/14/24 - Form 6-K
- VOD's page on the SEC website