5th Jun 2015 07:08
LONDON (Alliance News) - Vodafone Group PLC on Friday said it is in early talks with cable company Liberty Global about a possible asset exchange, but said it is not discussing any potential merger with the company.
Vodafone shares were trading higher early on Friday, up 1.6% to 252.8 pence to be the top performer on the FTSE 100 just after the open, after media reports on Thursday that it and Liberty Global were holding talks.
Vodafone confirmed the pair are in early talks about the possible exchange of selected assets, but said it is not in talks with the company about a merger. Vodafone added there is no certainty a deal will be made.
By Sam Unsted; [email protected]; @SamUAtAlliance
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