The news that goes back and forth between the Channel and overseas makes you fly Vodafone. The British mobile operator has confirmed that it is in talks with the American telecommunications giant Verizon to sell its 45% stake in the Verizon Wireless joint venture. That was enough for the stock to earn 8,52% on the London Stock Exchange.
In reality, the group is still cautious: "There is no certainty that an agreement will be found," he specified in a note. But the Wall Street Journal has announced that Verizon would be in contact with some banks to borrow tens of billions of dollars to reach an agreement with Vodafone. An indiscretion that immediately moved the markets.
The deal is estimated to be worth over $100 billion. For years, the British group has been trying to sell its stake in Verizon Wireless, but an agreement on the price is always lacking. Also according to the Wall Street Journal, Vodafone's request stands at 130 billion dollars.
