AcquisitionsJun 5, 2026, 02:31 PM
Vodafone to Acquire CK Hutchison's 49% Stake in VodafoneThree for €4.9B
AI Summary
Vodafone Group announced an agreement to acquire CK Hutchison Group Telecom Holding Limited's 49% interest in VodafoneThree Holdings Limited for £4.3 billion (€4.9 billion) cash, making Vodafone the sole owner. As of March 31, 2026, the company reported total borrowings and indebtedness of €54,448 million and total equity and shareholders' funds of €54,365 million. After accounting for cash and investments, net borrowings and indebtedness were €36,976 million.
Key Highlights
- Vodafone to acquire CK Hutchison's 49% interest in VodafoneThree for £4.3 billion (€4.9 billion) cash.
- Total borrowings and indebtedness stood at €54,448 million as of March 31, 2026.
- Total equity and shareholders' funds were €54,365 million as of March 31, 2026.
- Net borrowings and indebtedness totaled €36,976 million after considering cash and investments.
- Short-term borrowings were €7,223 million, and long-term borrowings were €47,225 million.
- Contingent indebtedness related to financial guarantees and bonds amounted to €1,897 million.
Price Impact
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