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Vodafone Group Plc To Acquire Telstraclear Ltd In New Zealand
Vodafone Group Plc announced that Vodafone New Zealand has entered into an agreement to acquire TelstraClear Limited, the New Zealand business of Telstra Corporation, for a cash consideration of NZD840 million (GBP430 million). Subject to approval from the New Zealand Commerce Commission, the Ministry of Business, Innovation and Employment and the Overseas Investment Office, the transaction is expected to complete in the fourth calendar quarter of 2012.
Latest Developments for Vodafone Group PLC
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