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Vodafone Group increases shareholding in Europolitan Vodafone AB.

TELECOMWORLDWIRE-25 February 2003-Vodafone Group increases shareholding in Europolitan Vodafone AB(C)1994-2003 M2 COMMUNICATIONS LTD http://www.m2.com

International telecomms company Vodafone Group Plc said today (25 February) that it had further increased its shareholding in its Swedish telecomms operator subsidiary Europolitan Vodafone AB from 88.3% to 90.1% on an undiluted basis.

The increase in shareholding was effected through market purchases since 14 February 2003 for a consideration of some SEK341m.

Vodafone said that it would implement compulsory acquisition procedures to acquire 100% of the shares in Europolitan, and would seek the de-listing of the company's shares from the Stockholm Exchange.

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Comment:Vodafone Group increases shareholding in Europolitan Vodafone AB.
Publication:Telecomworldwire
Article Type:Brief Article
Geographic Code:4EUUK
Date:Feb 25, 2003
Words:116
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