VOD Stock Recent News

Vodafone Group PLC (LSE:VOD) gained ground on Friday after the government conditionally approved the firm's merger with Three. Though a competition probe into the deal is yet to end, the government said it would allow the deal if the merged companies set up a national security committee.

The UK government said on Thursday it has made a final order to approve the proposed merger between Vodafone's UK operation and Hutchison's Three UK, subject to certain conditions.

Phone, keys, wallet. That's the daily routine that tens of millions  if not billions — of people undergo each morning when checking their pockets or purses before they leave their homes to start the day.

High-yield stocks often catch the eye of investors due to the seemingly significant, tangible returns on investment. Yet, not all that glitters is gold.

Investment firms GQG and Fidelity picked up shares worth $261 million in India's Vodafone Idea as part of the debt-saddled telecom operator's planned $2.16 billion share sale, the company said.

Investment firm GQG Partners and State Bank of India Mutual Fund are considering investing up to $800 million in total in a $2.16 billion share offering of Indian telecom firm Vodafone Idea , according to two people familiar with the matter.

Vodafone Three merger probe expected, but shares left in lurch - analysts A full-fledged competition probe into Vodafone Group PLC (LSE:VOD)'s merger with Three was anticipated, according to the companies, but will no doubt take months to complete. This is likely to leave Vodafone with little in the way of catalysts to drive shares up in the meantime, according to analysts, given wide focus on the £19 billion deal.

Vodafone's proposed merger with rival UK mobile group Three is to be subject to a full competition probe after the companies offered no solutions to ease CMA concerns over the potential for higher prices Last month, the competition watchdog said the £19 billion deal might leave consumers "considerably worse off" and asked the companies to come up with “meaningful solutions” to answer its concerns. “On 28 March 2024, the Parties informed the CMA that they would not be offering any undertakings," the regulator said in a statement on Thursday.

Britain's competition regulator said on Thursday it would need to open an in-depth investigation into the merger between Vodafone's UK operation and Hutchison's Three UK after the parties did not offer remedies to ease the regulator's competition concerns.

The U.K. competition regulator on Thursday referred the proposed merger between Vodafone and CK Hutchison's Three mobile network to an in-depth investigation.