Etisalat offered about £ 130 ($ 159 dollars) a share, according to Bloomberg calculations. That’s a premium of about 10% to Vodafone’s £ 117.82 closing price Friday. The purchase makes Etisalat Vodafone’s largest shareholder, ahead of BlackRock Inc., the Vanguard Group Inc., and HSBC Holdings Plc, according to Bloomberg data. .
The company plans to allow suitors a few extra days to firm up their bids, the people said, asking not to be identified because the information is private. Walgreens had initially requested binding offers by May 16 for the business, which includes the Boots chain in the UK, but is now expected to receive proposals…
(Bloomberg) – Sign up & # xA0; for the New Economy Daily newsletter, follow us & # xA0; @ economics & # xA0; and subscribe to our & # xA0; podcast. .
British National Killed in Ukraine, UK Government Says.
Brexit Prices, China Spending, Aussie Inflation: Eco Day.
US Envoys Blinken, Austin to Visit Ukraine, Zelenskiy Says.