Vodafone prices Vantage Towers IPO; implies market value of up to €14.7bn | 9 March 2021
Vodafone prices Vantage Towers IPO; implies market value of up to €14.7bn
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Vodafone prices Vantage Towers IPO; implies market value of up to €14.7bn
9 March 2021 | 08:37am StockMarketWire.com - UK stocks opened flat on Tuesday as investors weighed the benefits of easy fiscal and monetary policy with the inherent inflation risks, while companies continued to issue a mixed bag of earnings updates. At 0823, the benchmark FTSE 100 index had edged up 1.27 points to 6,720.40. Telecom group Vodafone fell 0.5% to 125.42p on setting a price range for the initial public offering of its Vantage Towers infrastructure business that would value it at between €11.4 billion and €14.7 billion. The indicative price range was set at €22.50-to-€29.00...
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