Friday, July 12, 2013

AT & T and Verizon said that behind the rumors ? 161bn bid, with the last interested in buying the stake in the joint venture Vodafone

Vodafone shares hit a decade high Tuesday on renewed rumors that the mobile phone company can be a map € 161bn - to break the previous record of acquisition

Vodafone shares were trading at about 6% higher than 197P, the highest the stock has reached since January 2002, following speculation that two telecommunications companies in the United States are plotting to take control of its British rival. The shares closed at 192p.

Verizon Communications and AT & T are said to be preparing to launch an attempt to break with Vodafone. The Financial Times suggested the offer could hit some 260P per share. If the deal goes through at that price, it would be the largest ever undertaken in the acquisition world, eclipsing the current record AOL of $ 182bn (€ 120 billion) acquisition of Time Warner in 2000.

The FT report, which cites "the usually reliable people" could not identify, said Verizon buy out Vodafone's 45% joint venture of Verizon Wireless Mobile USA and AT & T could take the rest Vodafone operations in more than 60 countries around the world.

Verizon issued a statement in which he said he was always interested in the acquisition of Vodafone stake in Verizon Wireless, but denied that he was seeking a partnership with AT & T. Verizon said it "currently has no intention of merging with or make an offer for Vodafone, alone or in combination with others."

Vodafone and AT & T declined to comment on the rumor. Barclays, which said to put the case together, also declined to comment.

Vodafone, with 403 million customers is the mobile phone company in the second largest in the world after China Mobile (which has 720 million customers), has long been a way to extract the value of its stake in Verizon Wireless.

may choose to sell its stake in Verizon, but if that were the case, the British company faces a tax bill for capital gains up to 20 billion pounds as the value investment was shot.

months Vittorio Colao, CEO of Vodafone, said it remains "an open mind" on the game and all possible solutions. He said the board of Vodafone meets to discuss investment at least twice a year.

Richard Perry, chief market strategist at Central Markets, said the latest gossip market "has legs to run on it."


Robin Bienenstock, an analyst at Sanford C. Bernstein said AT & T is interested in buying in the European markets, but warned that "always bought at very low prices" in previous U.S. acquisitions.

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