Friday, February 11, 2022 07:50:36 UTC
Iliad France's $12.6 billion bid for Vodafone Italy was unexpectedly rejected. Expect a drop in share price at open. They intend to pursue a stand-alone strategy.
Vodafone (VOD.L) rejected a preliminary offer from France's Iliad and Apax Partners for its Italian unit for more than 11 billion euros, the first public clash in what might be a new wave of European telecoms deal making.
"Iliad takes note of the rejection by Vodafone of its 11.25 billion euros ($12.92 billion) offer for Vodafone Italy," the company said in a statement, adding that it will "pursue its stand-alone strategy".
Vodafone, the world's second largest mobile provider, said the offer was not in shareholders' best interests.(More)
@vodafoneit @orange @vodafoneit @orange
#vod #vodafone #cellular #mobilephone #italy #communications
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Tuesday, February 01, 2022 14:31:27 UTC
AT&T, AMC Entertainment, and UPS were the premarket leaders, according to the S&P 500.
Upon completion of the WarnerMedia/Discovery Communications merger later this year, AT&T expects to distribute its investment in the DISCA combination to its stockholders. Premarket decline was 3.5%.
AMC Entertainment's stock rallied 4.7 percent in premarket trading after the company announced better-than-expected fourth-quarter preliminary results.
In the premarket, UPS shares rose 7.4 percent after the company reported strong quarterly earnings, issued optimistic forecasts and announced a 49% dividend hike. FedEx (FDX) rose 2.5% in the premarket on UPS's positive news.(More)
AT&T AND MORE PREMARKET MOVERS
Tuesday, February 01, 2022 14:31:27 UTC
AT&T, AMC Entertainment, and UPS were the premarket leaders, according to the S&P 500.
Upon completion of the WarnerMedia/Discovery Communications merger later this year, AT&T expects to distribute its investment in the DISCA combination to its stockholders. Premarket decline was 3.5%.
AMC Entertainment's stock rallied 4.7 percent in premarket trading after the company announced better-than-expected fourth-quarter preliminary results.
In the premarket, UPS shares rose 7.4 percent after the company reported strong quarterly earnings, issued optimistic forecasts and announced a 49% dividend hike. FedEx (FDX) rose 2.5% in the premarket on UPS's positive news.
#t #att #verizon #comcast #telephone #mobilecommunications #telecom #amc #ups