Refinitiv Newscasts - UK Day Ahead: Vodafone, Hutchison unveil $19 bln UK mobile merger

Sts Holding SA

14/06/2023 16:32

Click the following link to watch video: https://share.newscasts.refinitiv.com/link?entryId=1_spb3n4ob&referenceId=1_spb3n4ob&pageId=RefinitivNewscasts
Source: Reuters

Description: Vodafone and CK Hutchison finally unveiled the 15 billion pound
($19 billion) merger of their British mobile operations on Wednesday, saying
the creation of a new market leader would drive competition and investment in
the country. Shares edged higher as traders were all but certain that the U.S.
Federal Reserve will refrain from hiking interest rates later in the session.
EU lawmakers have agreed to changes in draft AI rules proposed by the European
Commission, in a bid to set a global standard for the technology.
Short Link: https://refini.tv/3JfqBWq

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