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Technology Stocks : Vodafone-Airtouch (NYSE: VOD) -- Ignore unavailable to you. Want to Upgrade?


To: MrGreenJeans who wrote (2193)12/1/1999 8:06:00 AM
From: David Wiggins  Read Replies (2) | Respond to of 3175
 

Vodafone's Mannesmann Bid Gets Support From Investors, WSJ Says
11/30/99 8:53:00 PM
Source: Bloomberg News
London, Nov. 30 (Bloomberg) -- Vodafone AirTouch Plc's offer for Mannesmann AG has the backing of several Mannesmann investors, the Wall Street Journal reported. Even as Germany's Mannesmann fights off the hostile bid by the world's No. 1 mobile phone company, many fund managers are supporting the bid by Newbury, U.K.-based Vodafone. ``The Mannesmann defense hasn't set a fire and has not won the day so far,' said David Stevenson, a fund manager at Scottish Value Management, which owns stakes in both companies, the newspaper said.




To: MrGreenJeans who wrote (2193)12/12/1999 6:42:00 PM
From: David Wiggins  Read Replies (2) | Respond to of 3175
 
Vodafone to Double Stake in Korean Mobiles Company, Paper Says
12/12/99 3:00:00 AM
Source: Bloomberg News
London, Dec. 12 (Bloomberg) -- Vodafone Airtouch Plc., the world's largest telephone company, is about to invest 1.5 billion pounds ($2.43 billion) to double its stake in Shinsegi Telecom, a South Korean company with more than 3.2 million customers and a quarter of the domestic mobile phone market, the Sunday Telegraph said without citing sources. Vodafone's share in Shinsegi will be boosted from 11.7 percent to 28.3 percent and it will share management control with Posco, an iron and steel company and Shinsegi's largest shareholder, the newspaper said. The agreement demonstrates Vodafone's commitment to the pledge it made to investors that it would pursue ventures beyond its $148 billion bid for Mannesmann AG, Germany's biggest mobile phone company, the newspaper said.

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Vodafone AirTouch Plc said Thursday it would sell a minority stake in Mannesmann's traditional phone business if its hostile offer is successful. (The Sunday Telegraph 12/12 Business, Page 1) For the Sunday Telegraph Web site enter TGRF