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Vodafone Group Plc updates on Verizon Wireless transaction


Thursday, 5 Dec 2013 02:00am EST 

Vodafone Group Plc:Says on Dec. 4, in connection with the disposal of its US group whose principal asset is its 45 pct interest in Verizon Wireless to Verizon, Verizon received the required approval from the U.S. Federal Communications Commission (FCC).Says the transactions and the return of value remain subject to customary closing conditions, including the approval of Vodafone's and Verizon's shareholders.Says the transactions and the return of value are expected to complete in the first quarter of 2014. 

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35.55
0.18 +0.51%
3:34pm EDT