Vodafone Group’s acquisition of British fixed line company Cable & Wireless Worldwide (CWW) looks set to go ahead, after the bid was approved by almost 88% of CWW’s shareholders. According to Bloomberg, a shareholder vote on the issue yesterday saw 87.5% of CWW shareholders vote in favour of Vodafone’s proposal, easily surpassing the 75% approval level required for the GBP1.04 billion (USD1.6 billion) deal to progress
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OVETEL CWW shareholders approve sale to Vodafone Group
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