F&O in the press – e& acquires Vodafone stake





Abu Dhabi-based telco company acquires 9.8% in Vodafone

Today’s Shares Magazine and Morningstar lead with news of Middle Eastern telecommunications company, e&, acquiring a near 10% stake in Vodafone.

Mergers & Acquisitions of UK headquartered companies hit a record in 2021 as predatory companies took advantage of Covid-induced, discounted values.

Shares Magazine / Morningstar – 16th May 2022
“Demand for Vodafone shares is high this morning. Emirates Telecommunications may have stated it has no intention of making a bid for the whole company, but that won’t deter traders from snapping up stock, as UK-listed companies continue to garner interest from foreign entities”.1 2
Marc Kimsey, Frederick & Oliver.

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1 – Source: www.sharesmagazine.co.uk/news/shares/london-market-open-covid-crackdown-shrinks-chinas-industrial-output

2 – Source: www.morningstar.com/news/dow-jones/202205162036/ftse-100-falls-on-recession-worries-vodafone-jumps

By Marc Kimsey

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