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Vodafone and Liberty Global warming up to negotiate a union

Investors of the world’s largest mobile operator, Vodafone are open to European tie-up with global telecom and television company Liberty Global as they are in a stronger position now to negotiate a deal. British firm Vodafone’s shares hit a 14-year high last week, after Liberty’s billionaire chairman John Malone talked of a much-mooted union. This positive reaction was opposite to a previous occasion, when talk of a deal sent shares in Vodafone tumbling as fears about the suitor having to overpay to snare Liberty, did the rounds. The strategic rationale to the combination of assets has gone down well with shareholders. Malone’s statements have debunked the market assumption that Vodafone was coming from a position of weakness.


United Kingdom, John Malone,Vodafone,Liberty Global