Kitz Forum

Announcements => News Articles => Topic started by: kitz on June 03, 2008, 11:59:47 AM

Title: Vodafone to take over Tiscali?
Post by: kitz on June 03, 2008, 11:59:47 AM

According to news from Reuters (http://uk.reuters.com/) today, Tiscali shares have jumped more than 10% after reports that Vodafone will bid for the company.

- Source (http://uk.reuters.com/article/businessNews/idUKL0355562120080603)

Quote

The mobile phone company [Vodafone] will bid in the next 24 hours to buy all of Tiscali, Italian daily MF reported, citing sources close to Vodafone. Vodafone declined to comment.

Although the price was being kept secret, a reasonable bid would be about 2.8 euros a share, the newspaper said. It added that Tiscali was worth 1.6 billion euros (1.27 billion pounds), including tax credits.

 

Title: Re: Vodafone to take over Tiscali?
Post by: Floydoid on June 03, 2008, 12:39:49 PM

The suspense is unbearable.

Title: Re: Vodafone to take over Tiscali?
Post by: roseway on June 03, 2008, 12:57:42 PM

Quote

Tiscali was worth 1.6 billion euros (1.27 billion pounds)

I suppose that's the reward for incompetence and deceitful advertising. :(

Title: Re: Vodafone to take over Tiscali?
Post by: Floydoid on June 03, 2008, 01:04:36 PM

Ooh Eric, how cynical of you.

Title: Re: Vodafone to take over Tiscali?
Post by: UncleUB on June 03, 2008, 01:23:42 PM

Quote from: Floydoid on June 03, 2008, 01:04:36 PM

Ooh Eric, how cynical of you.

Yeah,but truthful.

Title: Re: Vodafone to take over Tiscali?
Post by: scottiesmum on June 03, 2008, 05:48:10 PM

The founder of Tiscali,  Renato Soru,  is known as the "Lefts" answer to Silvio Berlusconi  ...............now doesn't THAT speak volumes !! :-\