Vodafone stock surges after Liberty Media discloses 4.9% stake

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The U.S.-listed shares of Vodafone Group PLC climbed 2.4% in midday trading Monday, after media company Liberty Global PLC said it has acquired a 4.9% stake...

The U.S.-listed shares of Vodafone Group PLC VOD UK:VOD climbed 2.4% in midday trading Monday, after media company Liberty Global PLC LBTYA LBTYK said it has acquired a 4.9% stake in the U.K.-based telecommunication services company. Liberty said the purchase of the 1.335 billion shares of Vodafone was funding through a financing that required equity funding of about GBP225 million .

4% in midday trading Monday, after media company Liberty Global PLC LBTYA LBTYK said it has acquired a 4.9% stake in the U.K.-based telecommunication services company. Liberty said the purchase of the 1.335 billion shares of Vodafone was funding through a financing that required equity funding of about GBP225 million .

 

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