CWW in Vodafone's sights
Mobile telecoms giants Vodafone has confirmed it is running the rule over rival telecoms firm Cable and Wireless Worldwide (CWW).
Mobile telecoms giants Vodafone has confirmed it is running the rule over rival telecoms firm Cable and Wireless Worldwide (CWW).
CWW's shares have lost almost three-quarters of their value over the last year after a series of profit warnings. Vodafone said it is still in the very early stages of assessing whether to make a bid and indicated that if it were to do so, the offer would likely be in the form of cash for shares.
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