High-yield stocks often catch the eye of investors due to the seemingly significant, tangible returns on investment. Yet, not all that glitters is gold.
Investment firms GQG and Fidelity picked up shares worth $261 million in India's Vodafone Idea as part of the debt-saddled telecom operator's planned $2.16 billion share sale, the company said.
Vodafone Idea's (NSE: IDEA) share price formed a dangerous pattern as investors shifted their focus to the upcoming share sale. It formed a double-top pattern at ₹18.40 on January 1st and February 23rd of this year.
Investment firm GQG Partners and State Bank of India Mutual Fund are considering investing up to $800 million in total in a $2.16 billion share offering of Indian telecom firm Vodafone Idea , according to two people familiar with the matter.
Vodafone Three merger probe expected, but shares left in lurch - analysts A full-fledged competition probe into Vodafone Group PLC (LSE:VOD)'s merger with Three was anticipated, according to the companies, but will no doubt take months to complete. This is likely to leave Vodafone with little in the way of catalysts to drive shares up in the meantime, according to analysts, given wide focus on ...
Vodafone's proposed merger with rival UK mobile group Three is to be subject to a full competition probe after the companies offered no solutions to ease CMA concerns over the potential for higher prices Last month, the competition watchdog said the £19 billion deal might leave consumers "considerably worse off" and asked the companies to come up with “meaningful solutions” to answer its concer...
Britain's competition regulator said on Thursday it would need to open an in-depth investigation into the merger between Vodafone's UK operation and Hutchison's Three UK after the parties did not offer remedies to ease the regulator's competition concerns.
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