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Make or break for Blackberry The mobile phone group Vodafone looks certain to have won its bid for Britain’s fixed-line operator Cable and Wireless Worldwide, after CWW’s biggest shareholder dropped its opposition.
Institutional investor Orbis said it would now accept the 38 pence – or 47 euro cents – per share after learning that 59 per cent of shareholders had already agreed.
The 19 per cent that Orbis owns will tip Vodafone over the 75 per cent needed.
More about: Mobile Telephony, Telecommunication, United KingdomCopyright © 2013 euronews
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