If you are a holder of Vodafone (LSE: VOD) shares you are about to get a big payout. Vodafone sold its 45% stake in Verizon Wireless for $130bn, and its shareholders are going to receive $84bn (£51bn) of it – referred to as a return of value. This means that you have some decisions to make.
The whole procedure is quite complicated, but this is how we see it. Shareholders will receive around 74p in Verizon shares and 30p in cash (104p in total) for each Vodafone share that they hold.
If you want to keep the Verizon shares [...]
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