Vodafone Agrees To Buy C&W Worldwide For $1.7B

Vodafone Group PLC VOD agreed to buy Cable & Wireless Worldwide PLC CWIXF for 1.04 billion pounds ($1.7 billion), or 38 pence per share in cash. The deal price represents a 92% premium to the closing price of C&W Wireless shares on February 10. VOD shares closed at $27.69 on Friday.
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Posted In: NewsM&Amerger and acquisition
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