Shortly after the close of the UK trading session, Liberty Global announced in a statement that the company had purchased nearly 1.335 billion shares in Vodafone (VOD.UK), equivalent to a 4.92% stake. As Liberty's CEO added, the current share price in his view does not reflect the company's long-term operating prospects. The company's US-listed ADRs are currently trading close to 3% up.
Start investing today or test a free demo
Open real account TRY DEMO Download mobile app Download mobile appSource: Bloomberg
Source: xStation5