Vodafone’s extraordinary $160bn Verizon plan
Mobile phone group Vodafone has been considering a $160bn takeover bid for its American peer and partner, Verizon Communications — a deal that, if consummated, would rival AOL’s takeover of Time Warner and Vodafone’s earlier acquisition of Germany’s Mannesmann as one of the largest M&A transactions on record, FT Alphaville has learned.
Vodafone has not yet approached Verizon with the plan and sources cautioned that there is no certainty the British mobile group will pursue the idea. Nevertheless, the move would be aimed, squarely, at settling uncertainty over the future of Vodafone’s US mobile interests — acquiring the whole of Verizon as the route to buying the 55 per cent of its mobile division, Verizon Wireless, that Vodafone does not ...
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Vodafone has not yet approached Verizon with the plan and sources cautioned that there is no certainty the British mobile group will pursue the idea. Nevertheless, the move would be aimed, squarely, at settling uncertainty over the future of Vodafone’s US mobile interests — acquiring the whole of Verizon as the route to buying the 55 per cent of its mobile division, Verizon Wireless, that Vodafone does not ...
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Interesting article. I'm not sure if they would actually go through with it though. The alltel deal is interesting. There has been speculation about that for months.
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not out of the question. They have the money and backing to do it! They own many companies in man countries!
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