Vodafone Shares Jump After Betaville 'Uncooked Alert'
Comment of the Day

December 08 2021

Commentary by Eoin Treacy

Vodafone Shares Jump After Betaville 'Uncooked Alert'

This note from Bloomberg may be of interest to subscribers. Here it is in full: 

Vodafone shares rose as much as 3.3% following a so-called “uncooked” mention in a Betaville report regarding potential private equity interest in the telecom operator. Shares pared gain to 1.8% as of 4:18 p.m.

Representatives for Vodafone were not immediately available to comment when contacted by Bloomberg via phone and email
Betaville says there is speculation that one of Europe’s largest private equity firms is looking at all of some of Vodafone, citing people following the situation
NOTE: The speculation is described as “uncooked,” a term the Betaville blog often uses to refer to market gossip
NOTE: Vodafone shares have declined 5.9% YTD vs Stoxx Telecoms Index’s 9.5% gain
READ: Private Equity Rummages in the Telco Bargain Bin: Chris Hughes

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