Liberty Global ($LBTYA) and Vodafone ($VOD) announ
Post# of 250603
Posted On: 02/16/2016 9:21:40 AM
Liberty Global ($LBTYA) and Vodafone ($VOD) announced a deal to merge their Dutch operations through a 50:50 joint venture. Vodafone is to make a cash payment of 1 billion euro to Liberty Global to equalize ownership in the joint venture. Liberty Global also announced fourth quarter results, reporting revenues of $18.3 billion, representing 3 percent rebased growth.
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