Thursday, May 30, 2024

Vodafone and Three could announce merger tomorrow

Vodafone and CK Hutchinson – the owner of Three – are about to announce a merger in the UK, according to a report from Reuters. The news agency said the deal could be announced either this Friday, or early next week.

Apparently, the deal will be in line with what was reported in October last year – namely that Vodafone would own the majority of the combined group (51%), with Hutchinson keeping the remaining 49%. 


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