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Tuesday, November 9, 2010

Vodafone to sell SoftBank for £3.1 billion

Today Vodafone has announced its results for the first half of the current financial year. It's also said it's selling Japan's SoftBank Corp for a total of ¥412.5 billion (£3.1 billion). Vodafone acquired SoftBank when it sold Vodafone Japan in 2006.

£1.6 billion will be received next month, with the final £1.5 billion expected in April 2012.

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Author: The Fonecast
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