Vodafone shares turn higher on Softbank interest report: traders

LONDON Tue Sep 2, 2014 11:08am EDT

A surveillance camera is pictured in front of the headquarters of Vodafone Germany in Duesseldorf September 12, 2013. REUTERS/Ina Fassbender

A surveillance camera is pictured in front of the headquarters of Vodafone Germany in Duesseldorf September 12, 2013.

Credit: Reuters/Ina Fassbender

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LONDON (Reuters) - Vodafone (VOD.L) shares turned higher late on Tuesday, with traders citing a Nikkei report suggesting the British mobile operator may become a takeover target for Japanese telecoms firm SoftBank (9984.T).

Officials at Vodafone were not immediately available to comment.

Vodafone was up 1 percent at 208.80 pence at 1459 GMT (1059 EDT), having traded as low as 205.50 pence earlier on Tuesday.

(Reporting by Francesco Canepa, Sudip Kar-Gupta and Vikram Subhedar in London)

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