News

European stocks rise after Vodafone bid rumours

A potential break up bid for Vodafone by US carriers Verizon and AT&T sent European telecoms stocks soaring early this morning.

The news was first broken by the Financial Times, which speculated that Verizon and AT&T could be set to pay up to 260p a share, at a premium of 40% from Vodafone’s trading price yesterday.

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