Computer Business Review
Vodafone Group Plc is making a rescue one-for-277 share exchange offer for cellular air time reseller Hawthorn Leslie Plc, valuing the struggling company at UKP2.9m, 1.54p a share against 2.5p in the market; Vodafone has also conditionally agreed to procure redemption of the UKP16m convertible loan stock 2007 of Hawthorn Leslie held by Svenska Handelsbanken and repay outstanding loan facilities from Svenska, which brings the total cost of the transaction up to about UKP31.5m.
CommentsPost a comment
Comments may be moderated for spam, obscenities or defamation.
GET CBR'S DAILY MORNING UPDATE
Unable to register now
Trending on CBR
Building a Tangible ROI for Data Quality
This white paper will answer the questions “What data quality metrics should I be tracking?” and “Where do I find an ROI for my data quality...
Avocent Success Story: Dutch Police Force
With security being a primary concern for the Dutch Police Force, when it redesigned the architecture of its IT infrastructure that supports its...
Getting Value From a Single Customer View?
Regulators are asking for it; will the industry exploit it?
Continuous Application Performance for Enterprise .NET Systems
IT needs a way to strategically implement application performance management across the entire software lifecycle, while providing each stakeholder...
ClickSoftware - Consulting Services, Implementation Services and Training
ClickSoftware is engaged in service and workforce management software solutions and products.
M86 Security - Web and E-mail Security Products
M86 Security is a global provider of web and e-mail security products. We are the only security company able to provide integrated, reliable and...
BCS - Enabling the Information Society
Established in 1957, BCS, The Chartered Institute for IT, promotes wider social and economic progress through the advancement of information...
As the world’s leader and specialist in hosting, Rackspace Hosting is changing the way businesses worldwide buy IT. Rackspace delivers...