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The Guardian - UK
The Guardian - UK
Business
Nick Fletcher

Vodafone edges lower awaiting developments on Ono deal

Vodafone has edged lower amid reports it could be close to a deal to buy Spanish cable company Ono for around €7bn.

Privately owned Ono gave the go-ahead for a possible flotation on Thursday, but also kept the door open to a deal with Vodafone. Any move on Ono would be the latest attempt by Vodafone, down 1.35p to 223.05p, to build up its European businesses.

Meanwhile Aim-listed business telecoms group Daisy has added 2p to 190p following a report in the Times that it could be a bid target for Liberty Global. Analysts at Liberum put a price target of 215p on the business, which values it at around £575m.

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