Vodafone given more time to decide on CWW bid

12 Mar 2012

Vodafone has been given until 29 March to decide whether to bid for Cable & Wireless Worldwide (CWW), reports Reuters. The UK’s Panel for Takeover and Mergers extended the deadline last Friday to the same date set for rival bidder Tata Communications. Vodafone first declared an interest in acquiring CWW in mid-February, prompting India’s Tata Communications to say on 1 March that it too was considering making a bid.

United Kingdom, Cable & Wireless Worldwide, Vodafone Group