US giant plots USD100bn deal for Vodafone’s stake in Verizon Wireless

25 Apr 2013

According to Reuters, Verizon Communications is working on a USD100 billion bid to take full control the Verizon Wireless asset, which UK-based Vodafone currently holds a 45% stake in. Two sources familiar with the situation told the news agency that Verizon had hired advisers to prepare a possible cash and stock bid for the shares it does not already own.

United States, Verizon Communications, Verizon Wireless, Vodafone Group