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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

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.
Article Type:Brief Article
Geographic Code:4EUUK
Date:Feb 25, 2003
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