Vodafone (VOD) and Liberty Global have been inter-twined since 2015 when the two groups first touted the idea of an asset swap. Discussions of takeovers and mergers have played on investor nerves since then due to the potential impact on Vodafone’s balance sheet. It is therefore something of a relief that the outcome of three years of talks looks like a good deal for shareholders.
IC TIP:
Buy
at
210p