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Author Vodafone Japan Sold
axxxr
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Joined: Mar 21, 2003
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From: Londinium
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Posted: 2006-03-20 18:23
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Vodafone Group announces an agreement to sell its 97.68% interest in Vodafone Japan to SoftBank.The sale values Vodafone Japan at an Enterprise Value of approximately ¥1.8 trillion (£8.9 billion) of which £6.8 billion will be received in cash on closing. Subsequently,Vodafone will distribute £6 billion of cash to shareholders.

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jcwhite_uk
Sony Xperia Z1
Joined: Feb 18, 2004
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From: Dorset, UK Phone:Xperia Z1
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Posted: 2006-03-20 18:58
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Wish I was a Vodafone shareholder!
Checkout my photos at My Website

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amawanqa
Nokia 7600
Joined: May 08, 2004
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From: Hornchurch UK & East London SA
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Posted: 2006-03-20 19:57
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Yeah, would be interesting to know what return Vodafone Japan shareholders got...

[ This Message was edited by: amawanqa on 2006-03-20 18:58 ]
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