Vodafone and Verizon Communications aim to put the finishing touches to a $130bn deal over the holiday weekend to unravel their US mobile phone joint venture as UK investors lick their lips at the prospect of a huge cash windfall.People familiar with the deal said that after about $5bn of tax and the transfer of Verizon’s stake in Vodafone Italy,which is valued at about $5bn,the UK group could receive about $120bn split equally between cash and equity in the US company.
沃達豐和Verizon電信整個周末都在計劃推進兩家公司近1300億美元交易的完成,交易可將兩家企業的移動電話合資企業分拆。據知情人士透露,在征收50億美元稅收以及將意大利沃達豐中Verison的股權轉移之后,沃達豐這家英國企業可以獲得Verizon大約1200億美元的現金和股權。(金融時報)
這一交易將成為沃達豐自2000年斥資1800億美元收購曼內斯曼以來規模最大的交易之一,凸顯電信業不斷變化的格局。
A deal,which the sources said could be announced as soon as Monday,would cap Verizon‘s decade-long effort to win full control of the No. 1 U.S. wireless provider.
消息人士表示,這項最快將在9月2日宣布達成的交易,將使Verizon結束長達十年的努力,從而完全控制這家全美第一的無線通信營運企業。(雅虎新聞)
這一項目曾被稱為“禿鷲項目”。長期以來,兩家集團一直圍繞它的未來展開角力,Verizon不斷增加對沃達豐的壓力,要求其退出在美國的合資企業。由于交易撮合經歷了漫長的對峙時期,因此,雙方都希望盡快能有個結果。
The prospect of the third-largest merger and acquisitions deal in history would line investors’pockets as well as helping the UK economic recovery in what has been called a “massive quantitative easing injection”by people close to the talks.
這項史上第三大并購交易將使投資者腰包鼓起來的同時,也會幫助英國經濟復蘇,因此被接近交易的人士稱為“巨大的量化寬松流動性注入”。(金融時報)
由于現金流入巨大,英國財政大臣奧斯本表示,將密切關注這一交易。有分析認為,投資者不僅會保留獲得的現金,也會將這些資金購買其他股票,從而對英國經濟有所裨益。
Vodafone’s 12-month dividend yield stands at 5.5 percent compared with an average of 5.1 percent for its European and UK peer group,according to Thomson Reuters data.
根據湯森路透的數據,沃達豐12個月的股息率為5.5%,而歐洲和英國同業的平均數據僅為5.1%。(CNBC)
While some investors relish the idea of a special dividend and buyback spree,others say Vodafone is selling its best asset and must reinvest much of the proceeds in the company’s future to avoid reliance on low-growth European markets.
一些投資者對于派發特別紅利和回購計劃表示贊賞,而另一些投資者則表示沃達豐正在出售其最好的資產,公司必須用所得為企業的未來進行再投資,以避免對處于低增長的歐洲市場的依賴。(CNBC)
沃達豐這一交易,將其持有的利潤豐厚的美國移動通信業務股權轉讓給合資伙伴Verizon,或許意味著移動通信行業實力的重心正從歐洲轉移到美洲。
Vodafone has increasingly diversified from its“pure play”mobile strategy in the last 18 months,buying British fixed-line operator Cable & Wireless Worldwide for $1.6 billion last year and German cable operator Kabel Deutschland for $10 billion in June,its largest deal for six years.It is also building a 1 billion euro fiber-optic network in Spain with France’s Orange.
在過去一年半內,沃達豐越來越遠離其單一的移動電話業務戰略,它去年以16億美元購買了英國固定電話運營商Cable & Wireless Worldwide。今年6月,又以100億美元購買了德國有線電視系統商Kabel Deutschland。公司還打算和法國橙公司共同在西班牙建設10億歐元的光纖網絡。(CNBC)
歐洲傳統的移動電話業務正處于相對飽和狀態,沃達豐作為老牌電信營運商勢必重組其業務,以獲得更大利潤。
Vodafone’s shares yesterday rallied as much as 8 percent after the British telecommunications giant confirmed it had resumed talks to sell to Verizon Communications its stake in their US joint venture Verizon Wireless in a deal which analysts believe could be worth more than $125 billion.
在英國電信巨頭確認已經恢復出售其美國合資企業Verizon電信的談判后,沃達豐股票29日大幅上漲了約8%。(Invezz)
盡管當時沃達豐表示,能否達成協議還無法確定,但市場的表現顯示投資者對該交易的認可。當天,沃達豐股票的成交量達到4億,成為今年英國富時指數股票最大的成交量之一。據報道,當日公司市值增加約80億英鎊。而30日,沃達豐的股票繼續上漲了1.5%。