|Bid||108.36 x 0|
|Ask||108.40 x 0|
|Day's range||107.48 - 109.92|
|52-week range||105.00 - 141.60|
|Beta (5Y monthly)||0.63|
|PE ratio (TTM)||18.02|
|Earnings date||15 Nov 2022|
|Forward dividend & yield||0.08 (6.97%)|
|Ex-dividend date||01 Jun 2022|
|1y target est||1.50|
Opportunities to accelerate ‘streamlining’ of UK telecoms group’s business cited by investment vehicle
The billionaire tycoon Xavier Niel has seized a stake in Vodafone, becoming the second French mogul to swoop on a British telecoms company.
LONDON/PARIS (Reuters) -Xavier Niel's move on Vodafone may add to pressure on the British telecom group's management to deliver on its promises, analysts said on Wednesday after the French billionaire acquired a 2.5% stake in the company. Vodafone's boss, Nick Read, has been under pressure to test Europe's appetite for telecom takeovers after saying he believed competition regulators had eased their opposition to such deals. Niel, the founder and owner of telecoms maverick Iliad, already has a track record of shaking up corporate strategy and governance.