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Verizon denies: no takeover bid on Vodafone

The news had been reported by a blog of the Financial Times, which spoke of an offer of 260 pence per share, or a premium of about 40% compared to the current value of the stock.

Verizon denies: no takeover bid on Vodafone

Verizon Communications denies the hypothesis of a takeover bid joint with AT&T for buy Vodafone and divide up the assets of the British operator.

"As Verizon has already said several times - reads a statement sent to the Sec, the American Consob - we would be potential buyers of the 45% that Vodafone holds in Verizon Wireless".

On the other hand, Verizon "at present has no intention of merging or making an offer on Vodafone, either on its own or in concert with others."

The news had been reported by a blog of the Financial Times, which spoke of an offer of 260 pence per share, or a premium of about 40% compared to the current value of the stock. In the wake of yesterday's indiscretion on Vodafone stock, purchases on the London Stock Exchange were unleashed.

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