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

by Monica Gerson, Benzinga Staff Writer
April 23, 2012 3:12 AM | 18 seconds read |
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.
Market News and Data brought to you by Benzinga APIs

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Comments
Posted In: NewsM&Amerger and acquisition
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!